{"id":19464,"date":"2014-12-24T04:59:28","date_gmt":"2014-12-24T04:59:28","guid":{"rendered":"http:\/\/vskills.in\/certification\/blog\/?p=19464"},"modified":"2024-04-03T13:14:50","modified_gmt":"2024-04-03T07:44:50","slug":"rouble-slides-diamond-shines-christmas-for-everyone-isnt-it","status":"publish","type":"post","link":"https:\/\/www.vskills.in\/certification\/blog\/rouble-slides-diamond-shines-christmas-for-everyone-isnt-it\/","title":{"rendered":"Rouble Slides, Diamond Shines!"},"content":{"rendered":"<p style=\"text-align: center\"><a ref=\"magnificPopup\" href=\"http:\/\/vskills.in\/certification\/blog\/wp-content\/uploads\/2014\/12\/rouble-slides-diamond-shines-christmas-for-everyone-isnt-it.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-19478\" src=\"http:\/\/vskills.in\/certification\/blog\/wp-content\/uploads\/2014\/12\/rouble-slides-diamond-shines-christmas-for-everyone-isnt-it-300x199.jpg\" alt=\"\" width=\"300\" height=\"199\" srcset=\"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2014\/12\/rouble-slides-diamond-shines-christmas-for-everyone-isnt-it-300x199.jpg 300w, https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2014\/12\/rouble-slides-diamond-shines-christmas-for-everyone-isnt-it.jpg 580w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>Rouble, associated with the economy of Russia has been on a slide recently hitting an all time low with Rouble crossing 60 to a dollar. So Russia and Diamonds, which sounds synonymous to each other as the former being among the leading producers of the precious gem all over the world.<\/p>\n<p>As a repercussion of the same, the exchange price of diamond has shown a substantial fall thereby making\u00a0 it cheaper for the rest of the world to purchase. Russian diamond exports have thus risen, leading to higher foreign exchange inflow in the country. As reported by The Economic Times, this has lead to a decline in the prices of diamonds by 2-5%.<\/p>\n<p>This news surely signals a merry arrival of Christmas especially for our Indian manufacturers, with lower costs of imports and increasing profit margins. India being a global diamond polishing hub undoubtedly lays a pivotal role in the diamond market.<\/p>\n<p>Now the question is till when will this last? Does falling Rouble, declining diamond prices will bring Christmas to diamond traders and manufacturers worldwide or it&#8217;s repercussions would be adverse subsequently?<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.vskills.in\/certification\/accounting-banking-and-finance\">Click here for government certification in Accounting, Banking &amp; Finance<\/a><\/p>\n<p><a href=\"http:\/\/www.vskills.in\/certification\/foreign-trade\">Click here for government certification in Foreign Trade<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rouble, associated with the economy of Russia has been on a slide recently hitting an all time low with Rouble crossing 60 to a dollar. So Russia and Diamonds, which sounds synonymous to each other as the former being among the leading producers of the precious gem all over the world. As a repercussion of&#8230;<\/p>\n","protected":false},"author":319,"featured_media":19478,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[1519],"tags":[1506,1507],"class_list":["post-19464","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accounting-banking-and-finance","tag-rouble-slide","tag-russia"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Rouble Slides, Diamond Shines! - Vskills Blog<\/title>\n<meta name=\"description\" content=\"What is the effect of rouble slide\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.vskills.in\/certification\/blog\/rouble-slides-diamond-shines-christmas-for-everyone-isnt-it\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rouble Slides, Diamond Shines! 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