June 10, 2025

Russia-India Trade Nears 90% Dollar-Free — A Game-Changing Pivot

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The use of national and alternative currencies in Russia-India trade has reached nearly 90%, according to Russian First Deputy Prime Minister Denis Manturov. Speaking at a Russian-Indian intergovernmental commission meeting, Manturov emphasized the importance of expanding banking cooperation between the two countries. Trade turnover between Russia and India rose 9% in the first eight months

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