Why is India Paying Russia with Chinese Yuan? | Vantage with Palki Sharma

Why is India Paying Russia with Chinese Yuan? | Vantage with Palki Sharma

Reports said Indian refiners have begun paying for some oil imports from Russia in Chinese yuan. Moscow is not allowed to deal in dollars and euros and the yuan has increasingly become an alternative for the country for settling payments. But why are India and Russia not settling trade in rupees? Palki Sharma tells you.

Firstpost | World News | Vantage

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Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

The show is anchored by Palki Sharma, Managing Editor, Firstpost.

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7 件のコメント

  • Because the government publically will say something and then instruct something else directly. I am starting to think that China has something to blackmail Modi, after he went to China.

  • India has ambition is great. On the other hand because of ambition to stick in the past. Apparently India doesn’t want to be developed as China. UK & USA propganda to keep India pinned against China will work out well to maintain corruption and dependency on the west. China’s GDP is twice the size as ALL other BRICKS country combined and China could be huge market for Indian products….but UK and USA will never let that happen.

  • when russia was sacrificing 24 million russian’s fighting Nazi-Gemany….Ukraino was helping Nazi-Germany gassing/killing Polish and Ukraino Jew’s

  • One can use Gold as the base for trade and also other commodities needed in this case with Russia than using Chinese things.

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