India’s New Payment Path with Russia: The Rupee–Rouble Trade
Unveiling a Game-Changer in Trade Finance India has taken a significant stride towards strategic resilience by enabling rupee–rouble settlement via RBI-approved Vostro accounts to facilitate smoother trade with Russia. What’s Changing? According to a fresh announcement from the Reserve Bank of India, businesses can now settle trade with Russia directly using rupees, bypassing the traditional […]
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