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Rich Russians Buy up London Property as Ruble Tumbles

(Inform) The falling value of the ruble has led to a lot of economic uncertainty in Russia. But in London, luxury real estate agents are enjoying more business as wealthy Russian oligarchs look for a safe haven to park their savings. One high-end real estate agent said that, until recently, one in five of their clients came from Russia. After the ruble’s collapse, it’s closer to three in five.

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