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Russia’s Currency Woe Is Delight For Football Fans
Good news for football fans travelling to Russia!
12 Jun 2018, 10:57 PM IST
The football World Cup 2018 may be a great chance for fans to watch the world’s biggest sporting event live from the stadium. The reason: a favourable foreign exchange rate.
The Russian ruble has depreciated over 8 percent against the U.S. dollar so far this year, making it the sixth worst performer among the 147 currencies tracked by Bloomberg. The currency has weakened over 3 percent against the Indian rupee.
But people travelling from World Cup favourites Brazil and Argentina aren’t so lucky since their currencies have fared worse against the ruble this year.
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