VOICED : A tough Christmas in Russia as currency slumps

The video discusses the economic challenges faced by ordinary Russians due to the ruble's devaluation in 2014. The currency's slump, driven by falling oil prices and Western sanctions, has led to increased prices for imported goods and affected the tourism sector. Many Russians are opting for domestic travel destinations where they can pay in rubles. The crisis has also spurred a surge in demand for household and electronic goods, as people seek to invest in items that may increase in value. Some foreign brands, like Apple, have responded to the currency volatility by raising prices or suspending sales.

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