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Annual average rate of 2007:
1 USD ($ USD)   = 29.39 rub.
1 EUR (€)           = 41,42 rub.

Currencies exchange rates (as of 11.06.2010): 
1 USD ($ USD)  = 31.5742 rub.
1 EUR (€)          = 38.0217 rub.

15.01.2010  
Inflation
                      0.7% Изм. 0%
Gold and currency reserves        441.4 bln. USD
Oil Brent (ICE)         71.62
                          USD/ barrel
GDP               II квартал 2009 год 9 326,4 bln. Rub.
Exports            24,5 Изм 1,8 bln. USD
Imports           15.5 Изм. 1.6 bln. USD
Fixed asset
investments
   01.07.09г. 621,7 Изм. -49.4 bln. Rub.
Consumer price index
(as of 01.8 / 31.08.2009)
  100 Изм. 0% - for food
commodities
              99.1 Изм. - 1.5%
- for non-food
products
                   100.6 Изм. - 0.2%
- for paid services rendered to the population         100.4 Изм. - 0.4%
Forecast rates on                         
1 USD ($ USD) = rub.
1 EUR (€)          = rub.
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Altai Valley tourist & recreational special economic zone in the Altai Republic

Short overview
Region
City/town
Altai Republic
Project description
The Altai Valley tourist & recreational zone is on the right bank of the Katun River in a picturesque locality of the Altai Mountains. Untouched nature makes it an ideal location for a sports, recreation and health resort. The project concept reflects the cultural and ethnic specific of the region. The key elements will be an artificial lake, hotels, a sports complex and conference center.
Altai Valley will be able to accommodate up to 3,500 guests at the same time, or more than 90,000 guests per year.
The government will provide the investor with the requisite modern utility and transport infrastructure and other facilities in addition to a number of tax breaks and favorable administrative conditions.
Unique features of the project
- a favorable transport situation (near the airport of Gorno-Altaisk and the Chuisky Tract federal highway);
- rich natural potential preserved in its untouched state.
Estimated cost of the investment project (Euros)
759 000 000
Company name
Special Economic Zones Federal Management Agency
E-mail
rosoez@economy.gov.ru
Web-site
Type of the project
Hotels and recreation. Culture

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