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... e underwent a severe devaluation!
Perhaps many are unaware that there was a time when the Ruble was more valuable than the US dollar, with the exchange rate at its peak being one Ruble for two US dollars!
Of course, with the breakdown of the Former Soviet Union, the Ruble’s exchange rate began to plummet, and in less than a year, its value had nearly dropped to nothing...
As society gradually stabilized and the national economy developed, the Ruble’s exchange rate also be ...
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