[Dr. Frank fan]

What's "RUR 11" mean? 11 rubles?

Interesting, when I was there last winter a dollar was about 33-35 rubles. He's saying the dollar is overvalued by a factor of about 3.

[Lessismore]

Yes, RUR = Rubles. And he's saying that the official rate is about 3 times the real rate. So they seem to be artificially undervaluing their currency like the Chinese.

[lelio]

Found a website that you can use to get exchange rate charts. Pretty nifty.

Here's the US to Ruble chart since Jan 98, when it was around 7. In Aug of 1998 it shot up from 7 to 23. What happened then?