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Property company Immofinanz offers Russian tenants temporary FX peg
Published Fri, Dec 26, 2014 · 09:50 PM
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Vienna
AUSTRIAN property company Immofinanz has offered tenants in its five Moscow shopping centres a temporary fixed exchange rate for rental payments at a time of sharp volatility in the rouble.
It offered a rate of 40 roubles per US dollar and 50 roubles per euro for three months, which corresponds to…
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