Apple has announced that its online store is currently unavailable in Russia while it reviews pricing. The decision is in response to recent swings in the valuation of Russia's currency — the latest of which has seen the ruble lose as much as 19 percent just today.
According to a report by Bloomberg:
"Our online store in Russia is currently unavailable while we review pricing," Alan Hely, a spokesman for the Cupertino, California-based company, said today in an e-mailed statement. "We apologize to customers for any inconvenience."
The move comes after Apple had already increased the price of the iPhone 6 by 25 percent in Russia last month to help compensate for the ruble's volatility.
Source: Bloomberg
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