Putin pegs the Ruble to gold. G7 decides to ban Russian gold. Putin now has more gold supply to stockpile to back the Ruble which in turn strengthens the Ruble as a stable world currency. Seems fairly straightforward.
Putin pegs the Ruble to gold. G7 decides to ban Russian gold. Putin now has more gold supply to stockpile to back the Ruble which in turn strengthens the Ruble as a stable world currency. Seems fairly straightforward.