The Rupee-Ruble Mechanism: A Game-Changer for India-Russia Trade
India and Russia’s Rupee-Ruble system bypasses dollar reliance, boosting bilateral trade amidst sanctions. This strategic move aims for economic autonomy and a multipolar financial world. Challenges remain, but the mechanism signifies a growing trend towards national currency trade. Introduction: In today’s evolving global economic landscape, bilateral trade mechanisms…
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