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Russia Shopping & Russia Exchange Rate

 
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    A wide range of goods, such as watches, cameras, wines and spirits, ceramics and glass, jewelry and toys may be bought in Moscow and St Petersburg. Shops take payment in Roubles and, usually, by credit card. It is necessary to allow extra time for souvenir hunting: shopping can be a time-consuming activity, owing to the relatively chaotic state of the retail trade in the Russian Federation. It is also advisable to shop around, as prices vary significantly. A good strategy is to choose your souvenirs in a department store such as GUM (on Red Square), and then
    buy them in a smaller, less centrally located shop. Kholui and Palekh lacquered boxes make attractive souvenirs. Traditional and satirical Matryoshka dolls (wooden dolls within dolls) are widely available. Khokhloma wooden cups, saucers and spoons are painted gold, red and black. Dymkovskaya Igrushka are pottery figurines based on popular folklore characters. Engraved amber, Gzhel porcelain, Vologda lace and Fabergé eggs and jewelry are highly sought after.

    A samovar (typical metal container used to boil water for tea) makes a good souvenir. Antiquities, valuables, works of art and manuscripts other than those offered for sale in souvenir shops may not be taken out of the Russian Federation without an export license.



    Shopping hours
    Mon-Sat 0900-1900. Most food shops are also open on Sunday. Department stores and supermarkets are open throughout lunchtime. Stores that are open 24 hours a day are becoming more common.

    Currency Information:

    Currency
    Rouble (RUB; symbol руб) = 100 kopeks. Notes are in denominations of руб5,000, 1,000, 500, 100, 50 and 10. Coins are in denominations of руб10, 5, 2 and 1, and 50, 10, 5 and 1 kopeks.

    Currency Exchange
    Foreign currency should only be exchanged at official bureaux and authorized banks. It is wise to retain all exchange receipts. Bureaux de change are numerous and easy to locate. Large shops and hotels offer their own exchange facilities. All major currencies can be converted in big cities. Outside the main cities, travelers are advised to carry US Dollars or Euros. It is illegal to settle accounts in hard currency and to change money unofficially, although in practice both sometimes happen and are not risky. However, in general everyone will want to be paid in Roubles.

    Credit/Debit Cards and ATMs
    Major European and international credit and debit cards, including Visa and MasterCard, are accepted in the larger hotels and at foreign currency shops and restaurants, but cash (in Roubles) is more reliable. American Express cards are rarely accepted outside Moscow and St Petersburg. ATMs are widely available.

    Traveller's Cheques
    Cash is preferred. If carrying traveller's cheques, major currencies are accepted in big cities, but US Dollars and Euros are preferred elsewhere.

    Banking Hours
    Mon-Fri 0930-1730.

    Exchange Rate Indicators
    DateJan 09
    £1.00=руб43.51
    $1.00=руб29.15
    €1.00=руб39.77



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