Economics
Apple Boosts IPhone Prices in Russia 35% After Ruble Plunges
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Apple Inc. raised iPhone prices in Russia by 35 percent, its second increase in less than a month to account for the ruble’s plunge against the U.S. dollar.
An iPhone 6 with 16 gigabytes of memory now costs 53,990 rubles ($956), Apple said today on its Russia website. The previous official price was 39,990 rubles, though Apple had halted online sales in Russia on Dec. 16, citing “extreme” ruble fluctuation.