Re:The Russia Ruble is now gold-backed
by muzika on Monday March 28, 2022 @11:28AM
(#30831544)
All this article seems to say is that the Russian central bank is BUYING gold at a set price at rubles. If ruble is to be backed by gold it would mean that if someone owns rubles and want to sell them for gold, Russian government would SELL them gold at a certain price of rubles.
[ Parent
| on HN ]
There are no comments on this comment yet.