After facing secondary sanctions over a weapons pact with Russia, India and Russia decided to arrange payments through the rupee-ruble exchange in 2014. Faced with a similar situation in the present, it is going to be interesting to see how India and Russia plan to bypass the dollar.
According to media sources, India is looking for effective means to get over the recent sanctions placed on Russia over the Ukraine crisis in order to preserve commerce with Moscow.
Trying to make settlem...
