Changes in ruble exchange rate 29.01.2009
Due to constant changes in Rubles exchange rates on foreign exchange market, our partners' service experiences frequent technical problems caused by several reasons: website owners do not update the instructions on payment pages in time; do not make the necessary changes to rate scales, or do not pay attention that certain countries are excluded from the list of the available countries for chosen rate.
To avoid such problems, we've decided to make the payouts for the previous month according to rates of Central Bank of Russia on the 1st of the following month. This will not only solve the above-mentioned problems but will provide stability as well, minimizing the losses due to fluctuations on foreign exchange markets. We did a preliminary recount of ruble earnings in your accounts today so that you won't be taken by surprise by the scheduled payout on February 1st. This adjustment is planned for period of 3-4 month following which ruble exchange rate stabilization is expected. As soon as Central Bank of Russia will establish a fixed ruble rate we will return to previous payout scheme. SmsCoin staff closely monitor the changes both in Russian and worldwide economy, and do everything in their power to prevent any serious damage which might be caused to our partners' earnings by financial crisis.