What Ails Rupee-Rouble Trade

Описание: The idea to trade in local currency hasn't been going smoothly for India and Russia. The arrangement of trading in local currency suited Russia as a means to dodge the western sanctions. However, India accounts for about 2% of global exports, which makes it difficult for other countries to hold the Rupee.

#explained #india #rupee #modi #russia #rouble #putin #globaleconomy #internationaltrade #china #xijinping #oott

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