Words similar to rubles
Example sentences for: rubles
How can you use “rubles” in a sentence? Here are some example sentences to help you improve your vocabulary:
The two greatest blunders of Russia's privatization plan: allowing banks to speculate with government rubles, and the sale of government utilities at bargain prices in rigged auctions.
But in fact the money quickly disappeared, as speculators--certainly including the oligarchs themselves--converted rubles into dollars as fast as the dollars became available.
The paper said that if the International Monetary Fund and World Bank credits Russia was seeking were not obtained, the government would have no other option but to devalue the ruble and set the new rate somewhere between 7 and 8 rubles to the U.S. dollar.
The NYT lead reports that on Sunday, the night before his second attempt to win confirmation as PM from the Russian parliament, Chernomyrdin used his TV address to defend and further explain the economic platform he rolled out last week: printing billions of rubles now to pay for years of soldiers', civil servants' and defense workers' back wages and pensions and to save banks, and cutting the profits tax by 50 percent and then in just a few months, strictly controlling the currency, collecting taxes and cutting government spending.
The NYT and LAT leads, which focus on the Russian economy, meet this challenge with the sprinkling of additional Econ 101 information required: jacked-up rates of return encourage investors to hold on to their rubles rather than selling them for dollars.