Ruble May Be Indexed To Gold Or Commodities

Kremlin Spokesperson Dmitriy Peskov noted that the issue of indexing the Russian ruble to gold and various commodities with foreign exchange value is being evaluated.

The Ruble may be Indexed to Gold or Commodities. Kremlin Spokesperson Peskov, who held a press conference in the capital Moscow, made important evaluations about the country's economy. Stating that the issue of indexing the Russian ruble to gold or commodities with foreign exchange value is being evaluated, Peskov also made statements regarding the sanctions list of US President Joe Biden. Giving information about the Russian oligarchs' request for authorization from the Congress to confiscate their assets and sell them to help the Ukrainian people, Peskov emphasized that this is a dangerous precedent. Peskov stated that a blatant distortion of any legal norm would mean a violation of all legal concepts in general, and said, "This is nothing more than the confiscation of private property and the legitimation of it."