Apple has halted all online sales in Russia this morning, due to "extreme" fluctuations in the country's ruble currency, reports Bloomberg. Spokesman Alan Hely told the outlet that the company has decided to shutter the store while it "reviews pricing,” and it “apologizes to customers for any inconvenience.”
The Russian economy has been in trouble for months, but things have gotten significantly worse in recent days due in large part to the falling price of oil and economic sanctions. The ruble has plummeted a staggering 19% within the last 24 hours—the worst single day drop for the currency in the last 16 years.