Russia, officially known as the Russian Federation, is the largest country in the world by land area, spanning much of Eastern Europe and Northern Asia. With a rich and complex history, Russia has been a key player on the global stage for centuries. It boasts a diverse culture influenced by its myriad ethnicities and regional traditions.
Economically, Russia holds significant natural resources, including oil, natural gas, metals, and minerals, making it one of the largest economies in the world by GDP. However, its reliance on commodity exports renders it sensitive to global commodity price fluctuations.
The official currency of Russia is the Russian ruble (abbreviated as RUB), which is issued by the Central Bank of the Russian Federation. The ruble is subdivided into 100 kopecks. While the ruble has experienced periods of volatility due to various economic and political factors, it remains the primary monetary unit used in both domestic and international transactions in Russia.