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Russia offers Swift alternative to India for rouble payments

March 30, 2022 4:37 PM

NEW DELHI (BLOOMBERG) – India’s government is considering a proposal from Russia to use a system developed by the Russian central bank for bilateral payments, according to people with knowledge of the matter, as the Asian nation seeks to buy oil and weapons from the sanctions-hit country.

Source : https://www.straitstimes.com/business/economy/russia-offers-swift-alternative-to-india-for-rouble-payments

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