Indiatimes
NEW DELHIMUMBAI May 4 Reuters - India and Russia have suspended efforts to settle bilateral trade in rupees after months of negotiations failed to. Russia has accumulated billions of rupees in Indian banks which it cant use Foreign Minister Sergei Lavrov said Friday pointing to a. Russia has accumulated billions of rupees that are sitting in Indian banks But Moscow acknowledged that its a problem and is looking to convert. Russias rupee problem risks harming trade ties with India As sanctions cut off major Russian banks. Recently India and Russia decided to halt talks on reviving the Soviet-era rupee-ruble currency exchange mechanism..
NEW DELHIMUMBAI May 4 Reuters - India and Russia have suspended efforts to settle bilateral trade in rupees after months of negotiations failed to. Russia has accumulated billions of rupees in Indian banks which it cant use Foreign Minister Sergei Lavrov said Friday pointing to a. Russia has accumulated billions of rupees that are sitting in Indian banks But Moscow acknowledged that its a problem and is looking to convert. Russias rupee problem risks harming trade ties with India As sanctions cut off major Russian banks. Recently India and Russia decided to halt talks on reviving the Soviet-era rupee-ruble currency exchange mechanism..
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