Economy

'Russia and India's 96% bilateral trade now through Rupee-Rouble payment infra'

· 2 September 2026 · 2 min read
'Russia and India's 96% bilateral trade now through Rupee-Rouble payment infra'

The Economic Times has reported a new India-focused economy development: “'Russia and India's 96% bilateral trade now through Rupee-Rouble payment infra'.” The publisher's feed describes the story as follows: Russia and India have established a functioning payments infrastructure using roubles and rupees. This system now accounts for ninety-six percent of their bilateral trade transactions. Bilateral trade between the two nations reached seventy billion dollars in 2024. The payment mechanism is

Original reporting by The Economic TimesRead the full story

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#economy#india#foreign-affairs

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