The 7.62 means it is .308 caliber (actually
the Russians make the bullets .310 or .311),
and the 54 refers to the case being 54 millimeters
long, and the "R" means "rimmed"
It is a powerful round, about equal to the
.30-06 cartridge.
Here's a round between a 7.62 X 39 and a
.30-06 round.
Notice how they package this ammo, wrapped
in paper and tied with little multi-colored
strings.
Tman says he can just imagine some Russian
women in a factory somewhere, wearing babuchkas,
tying these bundles of cartridges.
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