PANews|Sep 11, 2026 06:59
[President of Sberbank of Russia: Believes there are significant opportunities for bilateral trade settlement between India and Russia under the central bank digital currency framework]
The President of Sberbank of Russia believes there are significant opportunities for bilateral trade settlement between India and Russia under the central bank digital currency framework. Most of India's oil purchases from Russia are settled in Indian Rupees. Russian enterprises no longer face the issue of excessive accumulation of Rupees in bilateral trade with India.
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