Comments on: Average and Minimum Salary in Moscow, Russia https://checkinprice.com/average-and-minimum-salary-in-moscow-russia/ Travel Economics for Expats and Travelers Thu, 21 Oct 2021 09:42:59 +0000 hourly 1 https://wordpress.org/?v=6.7.1 By: Denis Kharin https://checkinprice.com/average-and-minimum-salary-in-moscow-russia/#comment-21 Mon, 13 Feb 2017 15:28:43 +0000 http://checkinprice.com/?p=667#comment-21 In reply to Check In Price.

Incorrect, it was due US/Western economical suctions and oil prices drop significantly; from 110$ per barrel to the lowest 40$ a barrel. Russian economy depends on oil and Gas exports, this leads direct correlation to the Russian currency to US dollar.

]]> By: Check In Price https://checkinprice.com/average-and-minimum-salary-in-moscow-russia/#comment-20 Tue, 17 Jan 2017 15:08:28 +0000 http://checkinprice.com/?p=667#comment-20 In reply to Denis Kharin.

Yes, it is important to notice that most commodity producing countries (Russia, Brazil, Australia, South Africa, Chile, Etc) had huge losses on their currencies since 2014, mostly due to reduced demand for commodities in China.

]]> By: Denis Kharin https://checkinprice.com/average-and-minimum-salary-in-moscow-russia/#comment-19 Tue, 17 Jan 2017 14:42:22 +0000 http://checkinprice.com/?p=667#comment-19 This, however, under weak Russian currency ‘ruble’, while 1 USD = 60 Rubles. It used to be 1 USD = 30 rubles. Therefore, average Moscow salary in 2013-2014 was 2000$, which isn’t that bad.

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