Sales of low-alcohol drinks surging in Russia – data — RT Business News

Sales of low-alcohol drinks surging in Russia – data — RT Business News

Source link The category outpaced vodka in quarterly growth at the beginning of this year, according to the regulator Vodka, Russia’s stereotypical national beverage, is beginning to lose out to lower-alcohol alternatives in terms of domestic sales, according to newly released data. Among alcoholic beverages, those classified as low-alcohol (meaning up to 9% alcohol content) […]

Russia’s forex reserves surging — RT Business News

Russia’s forex reserves surging — RT Business News

Source link Russia’s foreign currency reserves have continued to grow, surpassing $593 billion as of December 22, the country’s central bank has reported. Statistics show the volume of international reserves increased by $5.5 billion, or 0.9%, in the week from December 15, largely due to “a positive market revaluation.” The stockpile reached a historic high […]