India Is Mulling Rupee-Ruble Payments System For Trade With Russia

Source: https://www.zerohedge.com/geopolitical/india-mulling-rupee-ruble-payments-system-trade-russia
Published: Mar 12, 2022
Author: Tyler Durden
Post Date: 2022-03-12 23:13:02 by Horse
Views: 175

India is discussing how to set up a rupee-ruble payment mechanism to enable it to trade with Russia, to circumvent the U.S. sanctions regime.

Poster Comment:

Dollar's Days as an international reserve currency are numbered.

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#1: Dakmar    To: Horse (#0)

OPEC could upset the entire apple cart. I guess we see who has all the crayons.

Dakmar posted on 2022-03-12 23:16:28   Reply   Private Reply

#2: DWornock    To: Horse (#0)

The Russian ruble is losing value because stupid Russia can't resist trying to get free money by printing rubles.

DWornock posted on 2022-03-13 05:43:05   Reply   Private Reply