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alphacyberranger@lemmy.world to World News@lemmy.worldEnglish · 2 years ago

Russia says there's a problem with billions of rupees it has in India that need to be converted

markets.businessinsider.com

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Russia says there's a problem with billions of rupees it has in India that need to be converted

markets.businessinsider.com

alphacyberranger@lemmy.world to World News@lemmy.worldEnglish · 2 years ago
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"As for rupees, this is a problem because there are billions of rupees accumulated in accounts at Indian banks and we need to use this money."
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  • nxfsi@lemmy.world
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    2 years ago

    MAAM DO NOT REDEEM

    • sternail@lemmy.world
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      2 years ago

      WHY DID YOU REDEEM IT?

      • test113@lemmy.world
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        2 years ago

  • lps2@lemmy.ml
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    2 years ago

    Lol, and we are to believe BRICS is an actual threat to the west and to USD dominance?

    • nbafantest@lemmy.world
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      2 years ago

      Moscow has also rejected an idea from New Delhi for the Kremlin to invest rupees from arms payments back into Indian capital markets so the currency doesn’t pile up

      You’re not wrong

      • iforgotmyinstance@lemmy.world
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        2 years ago

        Honestly that’s a really lucrative opportunity, what fucking idiots are running Russia?

        • nbafantest@lemmy.world
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          2 years ago

          The incentives in authoritarian/dictatorships are different than they are in the free world.

  • Treczoks@lemm.ee
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    2 years ago

    No, the rupees sitting in India just show it works as intended.

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