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Trade in Indian Rupee with Russia
July 20 , 2024
127 days
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- India and Russia have doubled their payments in national currencies (rupee-rouble) since last year.
- Since the beginning of the year, the volume of corporate deposits in rupees has increased sixfold.
- The bilateral trade in 2023-24 was already around $65 billion, with $60 billion just Russian exports to India, mainly in energy.
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