Fact Check: Russia Did NOT Go Back To Using A Gold Standard In Early March 2022
Fact Check
Did Russia go back to using a currency that operates on a gold standard? No, that's not true: Although Russian Prime Minister Mikhail Mishustin announced the abolition of the value-added tax (VAT) on precious metals in March 2022, this change is unrelated to whether the Russian ruble, Russia's currency, is based on the value of gold. The claim appeared in…