Russians go for less 'exotic' Rouble loans

RT Wednesday 8th February, 2012

Russians are increasingly turning their backs on mortgages in "exotic" currencies and choosing the rouble, as they expect the domestic currency to devalue. "Exotic" is the term Russians use to describe currencies which are not traditional for taking out loans such as the dollars and euro. Russians have been restructuring their debts in Japanese Ye...

Read more

Share this article:
  • Google
  • Twitter
  • Facebook
  • LinkedIn
  • Digg
Back to Herald Globe

Comments

  • No comments yet for this story

  • Have your say

    • CAPTCHA Image

    • By submitting your comment you agree to our terms and conditions

    Featured Story

    WASHINGTON - US Senate Committee on banking will soon be examining whether JPMorgan Chase Co. violated rules requiring the bank to publicly and timely disclose material changes in trading, ...

    Have Your Say

    Do you agree with U.S. President Barack Obama's support for gay marriage?

    View results

    On Facebook

    On the record

    I am very grateful to the assistance of the American Embassy and the promise of the Chinese government for protection of my rights as a citizen over the long term. I am very gratified to see the Chinese government has been dealing with the situation with restraint and calm.

    Chen Guangcheng

    The Chinese human rights activist was speaking after landing in the United States after his flight from Beijing.