Money

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Foreign exchange and monetary transactions in Russia

Major foreign currencies are exchangeable at major banks and foreign exchange bureaus in Russia. You can also carry travelers cheques for large amounts of money though changing these can be time consuming and cost quite a bit in processing fees. No foreign currency even American dollars are accepted as payment for any goods or service [...]

16Jan2008 | admin | 1 comment | Continued
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Russian Currency

The Ruble has for over four centuries been used first as the Russian official currency. It was introduced during the Russian Empire era and was maintained during the Soviet Union Period. When the various Soviet republics became independent, they adopted their own currencies and the ruble remained as Russia’s currency. One ruble is equivalent to [...]

9Jan2008 | admin | 0 comments | Continued