ruble
pronunciation
How to pronounce ruble in British English: UK [ˈru:bl]
How to pronounce ruble in American English: US [ˈrubəl]
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- Noun:
- the basic unit of money in Tajikistan
- the basic unit of money in Russia
Word Origin
- ruble (n.)
- unit of the Russian monetary system, 1550s, via French rouble, from Russian rubl', perhaps from Old Russian rubiti "to chop, cut, hew," so called because the original metallic currency of Russia (14c.) consisted of silver bars, from which the necessary amount was cut off; from Proto-Slavic *rub-, from PIE root *reub-, *reup- "to snatch" (see rip (v.)).
Example
- 1. The som was introduced in may 10 , 1993 and replaced the soviet ruble .
- 2. Traders said monday 's intervention was the largest since the financial crisis led russia to let the ruble drop sharply in 2009 .
- 3. Analysts credit the ruble 's recent strength mainly to high interest rates -- which business groups complain are starving companies of credit .
- 4. Russia spent tens of billions defending the ruble in 2008 and saw its once-hot economy drop into a steep recession in 2009 .
- 5. The 1998 russian financial crisis resulted in a devaluation of the ruble and default on russian government debt .