this post was submitted on 23 Jul 2023
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[–] [email protected] 0 points 1 year ago (1 children)

But Putin says 80 rubles are a dollar. You'll have to take his word tho, trading them is impossible.

[–] [email protected] 1 points 1 year ago (1 children)

Strange Google says that it's either 11 rubles to the dollar or one ruble is .11¢ depending on when you look.

[–] [email protected] 1 points 1 year ago

It's because you cannot sell rubles for dollars because nobody outside the black market accepts them. You can buy them tho, so Russian banks can put any price they want to get the big money from some idiots who want to try some war profiteering. It also generates the illusion that the sanctions against Russia are not working, which is food for the propaganda machine.