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| The '''ruble''' or '''rouble''' (''рубль'') is the ] of the ] (and formerly, of the ]). One ruble can be divided into 100 '''kopeks''' (''копе́йка''). The ] currency code for the ruble is now '''RUB'''; the former code, RUR, is now obsolete. | |||
| In Russian, an archaic name for "ruble", '''tselkovyi''', is known, which is a shortening of the "tselkovyi ruble". | |||
| The ruble has been the Russian unit of currency for many centuries. The word "ruble" is derived from the Russian verb ''rubit'', i.e., to cut. Historically, "ruble" was a piece of a certain weight cut off a silver ] ingot, hence the name. | |||
| Later, the name "ruble" was applied to new Russian coins. Over time the amount of precious metal in a ruble varied. ] standardized the ruble coin in ] to 28 gram of silver. While ruble coins were mostly ], sometimes they were minted of gold, and some ] coins were ]. The ] ruble introduced in 1897 was equal to 0,774235 g of gold. The Soviet ruble of ] was theoretically equal to 0,987412 g of gold. Rubles are no longer linked to a gold standard. | |||
| Ten ruble coins are sometimes informally named '''chervonets''' (''черво́нец''). Formerly it was a 3-ruble gold coin and later a 10-ruble bill. | |||
| All Russian paper money is currently printed at the state-owned factory ], which was organized on ], ] and has continued to operate ever since. | |||
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Revision as of 21:05, 26 July 2004
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