Quote Originally Posted by alexB
What is the difference between a hard currency and not a hard one (do they call it soft?)? The ruble must be of the soft kind I think.
Imagine the situation where you need to exchange say 1000 euros into US dollars. You exchange the money and then for the reason that is no concern of ours you want your euros back. What would the final result of these manipulations be if they were performed in UK, EU or USA? Would it still be the same 1000 euros, because the currencies are hard and you live in a civilized Western world or the sum be substantially diminished in the process, as it most certainly would in Russia? There's no direct exchange rate here and to make all those procedures happen you would first have to sell the euros at a low low price for rubles then buy dollars at a high price and do this again names reversed losing in the end quite a sum,122 euros to be precise.
Did you find a hard currency?