Sunday, June 17, 2007

Moscow : The world's most costly city

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Russia's capital Moscow has been named as the world's most expensive city for expatriate staff to live for the second year in a row.

The report measures the cost of 200 items such as housing, clothing and food in 143 cities on six continents.

The high cost of accommodation and a favourable exchange rate against the US dollar were the key factors behind Moscow's continued dominance of the annual cost-of-living survey, Mercer said.


Source : bbc




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