The recently signed deal between India s Reliance Industries and Russia s Rosneft to exchange oil in rubles is another sign of the declining importance of the dollar.
East wind prevails over the West wind tribuneindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneindia.com Daily Mail and Mail on Sunday newspapers.
Executives from some of the top lenders, including State Bank of India, Punjab National Bank and Canara Bank, met with a six-member US Treasury delegation last month. The discussions focused on Russian payments and a possible breach of the internationally imposed $60 a barrel purchase price on Russian crude.
BRICS, the West and the rest – global trade hubs and de-dollarization fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
'Anything that Comes from This Kitchen of Poison Must Be Overcome' larouchepub.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from larouchepub.com Daily Mail and Mail on Sunday newspapers.