in march 1922 narkomfin abandoned the so-called goods ruble for a new unit of measurement, the gold ruble — a new parallel official state currency redeemable in gold. the plummeting soviet ruble would be henceforth equated to the gold ruble through on-the-fly estimation of the purchasing power of each. adding to the complexity of the situation, the state planning committee (gosplan) continued to make use of a pre-war "goods ruble" of its own creation, using it as a payment calculation mechanism in many soviet contracts.