Ruble

Two 'Ruble' stories December 2014

Apple increases app prices in Russia in response to changing exchange rates

Benjamin Mayo Dec 18 2014 - 11:37 pm PT

Apple has today informed developers that it has changed the pricing of apps and In-App Purchases in the Russian App Store, following changes to exchange rates. The recent ruble-dollar rates have fluctuated so widely in recent weeks that Apple has been forced to take the Russian Apple Online Store down completely, as it reviews pricing for its products.

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Apple halts online sales in Russia to review pricing amid ‘extreme’ currency fluctuations

9to5 Staff Dec 16 2014 - 11:31 am PT

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Bloomberg reports this afternoon that Apple has ceased online sales in Russia due to “extreme” fluctuations in the value of the ruble. Apple has previously attempted to combat the unpredictable swings in the country’s official currency by adjusting the prices of its products, having most recently increased the price of the iPhone 6 by 25% in the country last month.
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