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WordNet-Online
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Definitions from the WebRussia's CurrencyDescriptionRussia's currency refers to the monetary unit used in the Russian Federation. The official currency of Russia is the Russian Ruble (RUB). It is the primary medium of exchange for goods and services within the country. Senses and UsagesSense 1: Official CurrencyIn its primary sense, Russia's currency signifies the official monetary system of Russia, which is the Russian Ruble. The ruble is further divided into 100 kopeks and is controlled and regulated by the Central Bank of Russia. Sample Sentence:The exchange rate between the US Dollar and Russia's currency has fluctuated significantly in recent years. Sense 2: Local CurrenciesAside from the central form of currency, there may be alternative, local currencies utilized in certain regions of Russia. These local currencies are often used in small communities or within specific areas as a means of facilitating local trade and supporting local economies. Sample Sentence:In some remote towns, residents may use a local currency alongside Russia's official ruble to encourage economic growth within their community. Related Products | ||||
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