exchange rate

Update: It appears subscriptions through iTunes (like magazines) that saw price increases have seen the auto-renew function disabled, a 9to5Mac reader reports, likely to avoid a higher subscription rate being charged, although users have not yet been notified of the change.

Apple has increased the prices of apps in all countries in the European Union in line with the email sent to developers a couple of days ago. Apple has made the move in response to shifts in currency exchange rates and varying tax rules.

Prices are also being increased in Norway and Russia, though Icelandic residents will see a price cut … 
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After a week of being inactive, the Russian Apple Online Store is now back online with customers freely able to purchase products from the site once again. Apple abruptly stopped trading in the region last week due to significant currency exchange rate fluctuations that meant the company had to readjust prices.

Apple has indeed raised prices significantly. The iPhone 6 now costs 53,990 Rubles for a 16 GB base model. This is a 35% increase in the Russian sales price; the model cost 39 990 Rubles last week. 53,990 Rubles is approximately worth $980 dollars. The 16 GB iPhone 6 lists for $649, excluding taxes.

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