Apple halts online sales to Russia as the ruble plunges...
The Verge
Dec 16, 2014
According to reporters at Bloomberg, Apple is shutting down its online sales to Russia because of the "extreme fluctuations" in its currency, the ruble. Over the last twelve months the value of the ruble has plunged more than 50 percent against the dollar, destabilizing the Russian economy. That drop was already making it difficult for ordinary Russian citizens to purchase imported goods, but Apple's move shows things may get far worse, as foreign companies decide to stop accepting a currency that has been rapidly shedding value with each passing week. Read More ››
