BRICS: India Refuses To Pay Chinese Yuan for Oil, Prefers US Dollar

Cracks are developing between the top three BRICS members India, China, and Russia over payment options for Russian crude oil. Leading oil refiners in Russia are demanding developing countries pay in the Chinese Yuan or the Russian Ruble only. While India recently paid the Chinese Yuan to procure oil from Russia, the country is now refusing to put the Yuan ahead of the US dollar. BRICS member India is uncomfortable with paying the Chinese Yuan for oil and prefers to settle trade either in the US dollar or the Rupee.


From news source: https://watcher.guru/news/brics-india-refuses-to-pay-chinese-yuan-oil-prefers-us-dollar

dollarization of the global economy is real.

Wao they are returning back to reality

The cockroache eaters and wicked Putin thinks they can just brainwash everyone to follow them

Besides China that’s in conflicts with his neighbour’s want his neighbours to transact business in their own currency what a big joke

Russia and China want to disrupt the global economy

Those BRICS go get issues
America still dey busy small
Na that south Africa go suffer am pass

BRICS is an illusion!


You can never wage a war against the USD!


The last time a war was waged against the USD, it waxed stronger.

ican2020:
Wao they are returning back to reality

The cockroache eaters and wicked Putin thinks they can just brainwash everyone to follow them

😄😄😄😄

No, they should continue playing politics of bitterness.

India will not sit down and watch China take the glory!
Lai lai e no go happen

India is a clown, walai😁

Each country should pay in the seller's currency.
If you don't want to, go and produce it yourself.

If this is practiced, all these rubbish Dollar and Pounds exchange rates will stop.

NothingDoMe:
No, they should continue playing politics of bitterness.

Do you even understand what this is all about?

BRICS will be killed by selfishness.
India prefers to pay in Rupees,
China prefers Yuan
Russia prefers Ruble.
While the other weaker members are just spectators.

Challenging the dominance of the USD takes more than this BRICS

talk2hb1:

Do you even understand what this is all about?

Explain. Since it isn't obvious that the BRICS is an association of US haters.

NothingDoMe:
Explain. Since it isn't obvious that the BRICS is an association of US haters.

I think I understand your stands now, nothing further to discuss.

What they're meant to do is that the buyer will pay in the seller's currency