'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
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