Russian Ruble (RUB)

News: Russian Ruble

• Rosneft Net Profit Slightly Down At $3.0 Billion - Smart Money (3 February 2012, 2:13 pm)
• Borrowing rates for Russian companies likely to fall in 2012 - Ulyukayev (Part 2) - Interfax Information Agency (3 February 2012, 11:50 am)
• Traders suspend steel shipments from Russia to Iran - SteelGuru (3 February 2012, 3:29 am)

Reports & Events: Russian Ruble

• Monetary and Financial Statistics Indicators, 2008-2011 (Excel) (3 February 2012, 12:41 pm)
• Banking System Survey (3 February 2012, 12:41 pm)
• Credit Institutions Survey (3 February 2012, 12:41 pm)

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About the Russian Ruble

The Russian “ruble/rouble” (plural: rubles/roubles) is the official currency used in the Russian federation, Abkhazia, and South Ossetia. Its official currency code is “RUB” and it is often symbolized by a “руб”. The primary denominations include 10 and 50 kopek coins; 1, 2, 5, and 10 ruble coins (1 ruble = 100 kopek); 10, 50, 100, 500, 1000, and 5000 ruble paper bank notes. In Russia, decimal numbers are denoted using a comma (e.g. 1,50). The ruble has a floating exchange rate and its value is often seen as being dependent on commodity prices (Russia’s largest export).

Central Bank: Bank of Russia