Apple is back in business in Russia.
A week Apple halted sales due to turbulence in the country s currency, the Russian Apple Online Store is live again — with prices about 35 percent higher, according to Bloomberg News. Apple is now charging 53,990 rubles, or $956, for an iPhone 6 with 16 gigabytes of storage, the news service reports.
This marks the second time in less than a month that Apple has hiked its prices in Russia. Economic sanctions and plummeting oil prices have led the ruble to lose about 30 percent of its value against the dollar this fall, Bloomberg notes.
The economic turmoil has paced Russian consumers to pay considerably more for foreign goods. Popular brands like Samsung and Cartier have also raised their prices to account for fluctuations in the value of the ruble.
Above: Apple CEO Tim Cook shows off one of the company s latest iPhones, which are back up for sale online in Russia (Justin Sullivan/Getty Images).
