the ruble

noun

technical
: the value of the ruble compared with the value of the money of other countries

Examples of the ruble in a Sentence

Recent Examples on the Web In the wake of the invasion, the ruble crashed, inflation spiked, and real wages fell. Joshua Yaffa, The New Yorker, 16 Mar. 2024 Its abandonment left the value of the ruble at the mercy of trade flows. Alexandra Prokopenko, Foreign Affairs, 8 Jan. 2024 This process will resemble what Russia did in Kherson: moving the local economy off the Ukrainian hryvnia and onto the ruble, changing the school curriculum, and the repulsive practice of stealing Ukrainian children and sending them to Russia for adoption. Mick Ryan, Foreign Affairs, 14 Dec. 2022 Last week the ruble fell to its lowest levels since early in the war—101 rubles to the dollar, a one-third decline since the beginning of the year—prompting Russia’s central bank to reportedly call an emergency meeting. Eleanor Pringle, Fortune, 23 Aug. 2023 Though today’s financial emergency may be the worst to befall Russia since the ruble crisis of 1998, when Moscow was forced to restructure over $70 billion in debt, the West’s sanctions may be less watertight than media reports and the comments of world leaders suggest. Benn Steil, Foreign Affairs, 21 Mar. 2022 Despite the Kremlin’s efforts to shore up the ruble, the currency continues to remain under pressure due to capital outflows and poor exports. Prarthana Prakash, Fortune, 12 Oct. 2023 By the summer of 2022, Russia’s economy had stabilized, the ruble had rebounded and Mr. Putin’s strategy shifted. Paul Sonne, New York Times, 17 Dec. 2023 Traders say the Russian fuel market has been hit by factors including maintenance at oil refineries, bottlenecks on railways and the weakness of the ruble, which incentivizes fuel exports. Reuters, CNN, 21 Sep. 2023

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'the ruble.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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Cite this Entry

“The ruble.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/the%20ruble. Accessed 25 May. 2024.

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