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Will the Russian Ruble (RUB) fall below $0.012 by June 12?

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Will the Russian Ruble (RUB) fall below $0.012 by June 12?

This market will resolve to “Yes” if the dollar price / exchange rate of one Russian Ruble (RUB) falls below $0.01200 at any time between May 2, 2022, and the resolution time of June 12, 2022, 11:59:59 PM ET, and to “No” otherwise. The primary resolution source for this market will be the foreign exchange platform XE: https://www.xe.com/currencycharts/?from=RUB&to=USD&view=1D If the primary resolution source is unavailable at resolution time, the resolution source will be checked at noon every day for the following three days, from June 13 until June 15 (11:59:59 PM ET), after which, if it remains unavailable, other credible reporting will be used. This market will resolve on midmarket prices with a 10-min resolution.

This market will resolve to “Yes” if the dollar price / exchange rate of one Russian Ruble (RUB) falls below $0.01200 at any time between May 2, 2022, and the resolution time of June 12, 2022, 11:59:59 PM ET, and to “No” otherwise. The primary resolution source for this market will be the foreign exchange platform XE: https://www.xe.com/currencycharts/?from=RUB&to=USD&view=1D If the primary resolution source is unavailable at resolution time, the resolution source will be checked at noon every day for the following three days, from June 13 until June 15 (11:59:59 PM ET), after which, if it remains unavailable, other credible reporting will be used. This market will resolve on midmarket prices with a 10-min resolution.

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Frequently Asked Questions

"Will the Russian Ruble (RUB) fall below $0.012 by June 12?" is a prediction market on Polymarket where traders buy and sell "Yes" or "No" shares based on whether they believe this event will happen. The current crowd-sourced probability is 0% for "Yes." For example, if "Yes" is priced at 0¢, the market collectively assigns a 0% chance that this event will occur. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

"Will the Russian Ruble (RUB) fall below $0.012 by June 12?" is a newly created market on Polymarket, launched on May 2, 2022. As an early market, this is your opportunity to be among the first traders to set the odds and establish the market's initial price signals. You can also bookmark this page to track volume and trading activity as the market gains traction over time.

To trade on "Will the Russian Ruble (RUB) fall below $0.012 by June 12?," simply choose whether you believe the answer is "Yes" or "No." Each side has a current price that reflects the market's implied probability. Enter your amount and click "Trade." If you buy "Yes" shares and the outcome resolves as "Yes," each share pays out $1. If it resolves as "No," your "Yes" shares pay $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current probability for "Will the Russian Ruble (RUB) fall below $0.012 by June 12?" is 0% for "Yes." This means the Polymarket crowd currently believes there is a 0% chance that this event will occur. These odds update in real-time based on actual trades, providing a continuously updated signal of what the market expects to happen.

The resolution rules for "Will the Russian Ruble (RUB) fall below $0.012 by June 12?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.