Russian firms buy $4 billion worth of India-made arms, pay in Indian rupee
Russian firms buy $4 billion worth of India-made arms, pay in Indian rupee
www.firstpost.com Russian firms buy $4 billion worth of India-made arms, pay in Indian rupee
Till October, Russian exporters held about $8 billion in Vostro accounts. Due to a lack of investment opportunities in India, the money held in the Vostro accounts of Russian exporters remained unspent
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The article could be written better if the whole point is about the currencies that were used. Too many figures in US$ without mentioning the actual currency.
Yeah the point of interest here is it's a step closer to a BRICS currency.