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India, Russia suspend negotiations to settle trade in rupees: Report

This would be a major setback for Indian importers of cheap oil and coal from Russia who were awaiting a permanent rupee payment mechanism to help lower currency conversion costs.

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India to Use Rupees in Trade Payments With Russia Starting Next Week: Export Federation

NEW DELHI (Sputnik) - India will begin using rupees in its trade settlements with Russia for some shipments starting December 19, director general of the. 12.12.2022, Sputnik International

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