3 ms·
Yeah but no one is allowed to sell it.
by sebzim4500 4y ago
Yeah but no one is allowed to sell it.
- jessaustin 4y ago...no one is allowed to sell it. Temporarily true in certain jurisdictions, but OTOH one may with RUB purchase oil, natural gas, palladium, nickel, copper, steel, aluminum, wheat, fertilizer, etc. So, those who need e.g. catalytic converters, especially if they live on the 70% of the planet where there are no limits on RUB whatsoever, will probably continue to use it.
- somenameforme 4y agoThe currency controls have been repeatedly loosened, though it's difficult to try to find what the latest rules are. Russia's now growing concerned that the Ruble is growing too strong. That can hurt exports and exporters, as it means [relatively] higher domestic costs + lower profits.