this post was submitted on 23 Jul 2023
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[–] Gregorech@lemmy.world 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.

[–] Karyoplasma@discuss.tchncs.de 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.