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24 Aug, 2011

Russian spending abroad back to pre-crisis levels | Russia Beyond The Headlines

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Aggregate spending by Russians abroad in so far 2011 has reached pre-crisis 2007 levels, according to Citibank’s annual research. Citibank experts estimate that the total amount of purchases made abroad until the end of 2011, including on credit cards, will amount to 3 percent of the GDP, or $40 billion.

via Russian spending abroad back to pre-crisis levels | Russia Beyond The Headlines.