The currency of Russia is the Russian ruble, often symbolized as ₽. The ruble has been the currency of Russia since the 13th century, although it has undergone various changes and reforms throughout history. The central bank of Russia manages the ruble and sets its monetary policy. The currency is subdivided into 100 kopecks. In recent years, the ruble's exchange rate has been influenced by factors such as oil prices, international sanctions, and geopolitical tensions, which can lead to fluctuations in its value on the global market.