Rupee-Ruble trade

India exercises financial sovereignty, refuses to pay for Russian oil in Chinese Yuan

India, which has made it clear that it will not use Chinese yuan to purchase Russian oil, the domestic oil…

1 year ago

After Indian oil imports from Russia touch all-time high, Iran too queues up for Indian market

Notwithstanding the teething problems in the rupee-ruble payments mechanism, India’s oil imports from Russia further increased in June with a…

1 year ago

Russia has options to use Indian rupees, FDI and government securities offer new avenues

Sanction-hit Russia may use its accumulated Indian currency for investments in government securities or even through foreign direct investment for…

1 year ago

Will Indian rupee and Russian ruble rule transactions along the 7,200 km transport corridor in the future?

India is looking at the rupee ruble payment system with Russia as a long term arrangement. An exercise that started…

2 years ago

India-Russia energy partnership is here to stay, likely to outlast Ukraine war

As India’s fuel demand is expected to rise substantially fuelled by a healthy pickup in economic activities, New Delhi is…

2 years ago