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where to buy boutique jewelry wholesale The coin of the double -headed eagle is Russia's ruble coins.
The coin currency face value of the Russian ruble unit is a unified double eagle head logo, and the words Bahk Poccnn are with below.

The first ruble was the monetary unit of Tsar Russia. In 1800, the price comparison was established, and the gold content of the ruble banknotes in 1897 was 0.774234 grams. From 1922 to 1924, the Soviet Union conducted currency reform.
In January 1961, the currency reform was implemented again. The gold content of the ruble was set at 0.987412 grams, and the exchange rate for the US dollar was determined to be 1 US dollar against 0.9 rubles. This exchange rate has not changed much for nearly 30 years. On October 28, 1989, the Soviet Union announced the implementation of a double exchange rate.
The expansion information:
The status of rubles in a CIS country has many restrictions.

First of all, political factors affect the use of rubles in CIS countries. Currency is a symbol of national sovereignty. After the independence of the CIS country obtains independence, it regards the currency of the country as a symbol of sovereignty and independence, and is rejected by the use of rubles.
Secondly, any kind of currency needs to have enough goods to ensure that whether the ruble can be widely accepted depends on its purchasing ability.
In more, in the goods exported by Russia to the CIS countries, energy accounts for a considerable proportion. These products are traditionally used in US dollars and settlement. Payment means, this situation is not conducive to rubles to become regional currencies.
The concept of settlement currency and contract price is two different concepts. Enterprises in CIS countries still tend to use US dollars or euros to calibrate prices in foreign trade activities. This shows that foreign trade entities still do not trust the stability of the ruble exchange rate. In addition, in addition to the economic and trade activities with Russia, the CIS countries also conduct extensive economic and trade activities with many non -independent countries, and need a large number of free exchange of currency.
Reference information Source: Baidu Encyclopedia -Russian ruble

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