Owen Matthews Owen Matthews

Russia’s complex relationship with the ruble

The first banknotes were greeted with deep suspicion in 1769 – but it was nothing to the distrust that Soviet and post-Soviet issues aroused

The 500 ruble note issued between 1905 and 1912. [Getty Images]
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  • The Ruble: A Political History

    Ekaterina Pravilova

    OUP USA, pp. 576, £30

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