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Rouble's slump squeezes tourism in South-east Asia

The rouble fell 43% last year against the dollar, hurt by plunging oil prices and Western sanctions imposed over Moscow's role in Ukraine.


THE rouble's sharp decline is exacting a toll on South-east Asian tourism as Russians think twice about doubling their budgets for their next beach holiday in Vietnam, Thailand or Cambodia.

The rouble fell 43 per cent last year against the US dollar, hurt by plunging oil