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Russian Toilets Become a Hedge Against Ruble's Drop

relates to Russian Toilets Become a Hedge Against Ruble's Drop
Photographer: Getty Images
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When the ruble plunged 37 percent in the first half of December, Kazakh businessman Marat Mukhamedov spotted an opportunity: Russian toilets.

Realizing the urinals, tiles and other bathroom accessories he needed to stock the warehouse of his office-refurbishing company were now half the cost of six months earlier, he ordered twice the quantity required for the coming year to take advantage of the exchange rate.