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Creative workaround: Indian companies swapping dollar for Asian currencies to buy Russian coal -- Societys Child -- Sott.net : comparemela.com
Creative workaround: Indian companies swapping dollar for Asian currencies to buy Russian coal -- Society's Child -- Sott.net
Indian companies are using Asian currencies more often to pay for Russian coal imports, according to customs documents and industry sources, avoiding the U.S. dollar and cutting the risk of breaching Western sanctions against Moscow. Reuters...
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