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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Indian Rupee-rouble Payment System - How Would That Work? (324 Views)
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Indian Rupee-rouble Payment System - How Would That Work? by bn365: 10:43am On Mar 30, 2022 |
"If such an arrangement is approved, the need for an Indian bank playing a nodal role-as Uco Bank did for Indo-Iran trade (post US sanctions on Iran)-may not be needed. Funds would move between the respective local bank accounts of Indian firms doing trade with Russia and the Russian bank branches in India," a banker told ET. https://www.msn.com/en-in/money/news/explained-how-will-the-rupee-rouble-payment-mechanism-work/ar-AAVAH3X https://www.cnbc.com/2022/03/23/fieo-india-rupee-ruble-trade-mechanism-with-russia-may-be-ready-soon.html 1 Like
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Re: Indian Rupee-rouble Payment System - How Would That Work? by Emdsa: 10:45am On Mar 30, 2022 |
Good investment question for investors |
Re: Indian Rupee-rouble Payment System - How Would That Work? by gambojimeta: 3:47pm On Mar 30, 2022 |
Stale report. Your report is dated 22nd of march. India said they weren't Interested as at 28th of March. And guess what, Russia is not even on the top 10 of India's trading partner.
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Re: Indian Rupee-rouble Payment System - How Would That Work? by bn365: 4:09pm On Mar 30, 2022 |
gambojimeta: Would you be willing to come back here and apologize if this is untrue? I don't think that would be the case though, as those who support the West spread their lies and move on. In the fog of war, lies, and propaganda gets laundered by mainstream media, and those who want the stories to be true, are the ones who spread them. China and Russia has declared a new world order, today
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Re: Indian Rupee-rouble Payment System - How Would That Work? by seunny4lif(m): 4:18pm On Mar 30, 2022 |
You even replied him He has been posting a new that have been denied by Chinese government that even the China foreign minister said he don’t not know where they get the news from. Same company have came out to denied the news bn365: 1 Like |
Re: Indian Rupee-rouble Payment System - How Would That Work? by bn365: 4:20pm On Mar 30, 2022 |
seunny4lif: I don't know where he's getting his news from. He's clearly being misinformed. 3 Likes |
Re: Indian Rupee-rouble Payment System - How Would That Work? by seunny4lif(m): 4:24pm On Mar 30, 2022 |
The EU verbally refused to pay for gas in rubles, as Putin demanded, but in fact began to quietly buy up rubles, which resulted in the strengthening of the Russian currency by 21% in just a few days. The EU is circumventing the sanctions that it itself imposed Ruble is now around 87.50 to dollar this morning, so someone is already buying it in large quantities. Greece government already having in emergency meeting on Russia demand. Irish government will meet with German government has oil price already sending negative sign from citizens to the current government |
Re: Indian Rupee-rouble Payment System - How Would That Work? by seunny4lif(m): 4:26pm On Mar 30, 2022 |
bn365:Lol Check even China Media, my news are there but yours are not anywhere in Any place not even Turkish news |
Re: Indian Rupee-rouble Payment System - How Would That Work? by gambojimeta: 5:46pm On Mar 30, 2022 |
bn365:You post from mainstream media and you accuse others from posting from the same mainstream media. Confused much. 1. Your first post talks about rupee-rubble from the 22nd of April, which I effectively countered. 2. You digress on your second post by talking about a "world order" according to Russia. Russia is the one declaring a new world order not China or India. Go through your screenshot again. Comprehension much. Russia is building a world order in their dreams. A country where poverty is rife and USAID is even in Russia, and Russians are fleeing to America for a better life
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Re: Indian Rupee-rouble Payment System - How Would That Work? by bn365: 6:11pm On Mar 30, 2022 |
gambojimeta: Would you be willing to come back here and apologize if this is untrue? DR Congo is the richest country with natural resources but you'll say the same thing about the country and pull out reports from your usual sources. You've never asked yourself 'How come all the countries with little to no natural resources can claim to be doing better than Russia?', Meanwhile they mostly depend on Russia to keep their lights on, and their cars on the road? Don't worry, Germany is going to revive coal mining, just so you know that renewable energy they yap about is because they use gas from Russia, which costs little to nothing. When they start buying from the US, you all will change tunes. You'll understand how useful Russia has been in keeping the EU afloat 1 Like |
Re: Indian Rupee-rouble Payment System - How Would That Work? by gambojimeta: 6:14pm On Mar 30, 2022 |
We shall see. bn365: |
Re: Indian Rupee-rouble Payment System - How Would That Work? by bn365: 6:23pm On Mar 30, 2022 |
gambojimeta: Ukraine-Russia crisis forces Germany to rethink coal exit https://www.nasdaq.com/articles/ukraine-russia-crisis-forces-germany-to-rethink-coal-exit |
Re: Indian Rupee-rouble Payment System - How Would That Work? by Drenimarcus(m): 6:26pm On Mar 30, 2022 |
seunny4lif: Read the vatican bought 10M Rubles worth of gas today |
Re: Indian Rupee-rouble Payment System - How Would That Work? by seunny4lif(m): 6:56pm On Mar 30, 2022 |
Drenimarcus:I same the news too |
Re: Indian Rupee-rouble Payment System - How Would That Work? by gambojimeta: 7:19pm On Mar 30, 2022 |
bn365:That is good news. Anything not dump Russian gas is highly welcomed
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Re: Indian Rupee-rouble Payment System - How Would That Work? by bn365: 7:23pm On Mar 30, 2022 |
gambojimeta: Even the Russian are looking forward already
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Re: Indian Rupee-rouble Payment System - How Would That Work? by gambojimeta: 7:41pm On Mar 30, 2022 |
bn365:Yup. I agree . They are even escaping to the USA in large numbers
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Re: Indian Rupee-rouble Payment System - How Would That Work? by bn365: 7:49pm On Mar 30, 2022 |
gambojimeta: More like turning off the tap. My gas, my rule, type of situation |
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