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  • Bangkok and Hongkong fair are approaching in upcoming march 2015 and
    Russian ruble is depreciating, will it effect fair of march 2015?
    It's a big headache on all booth holders because
    currency jump will effect on massive level and will clearly reflect in
    fair. Russian currency has almost been double and not any single buyer
    would be interested in paying double prices than last fair.

    If we talk about Bangkok fair then more than 45% buyers come from Russia
    and apart from these who make jewelry for Russians so basically deprecation in Ruble shook the market. Recently we wrote a note on about Bangkok fair - Association of Bangkok gems and jewelry fair really need to take an action

    Mainly Topaz, Ruby and sapphire will effect because of because Russia is the one of the biggest market specially for these stones.
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