Till October, Russian exporters held about $8 billion in Vostro accounts. Due to a lack of investment opportunities in India, the money held in the Vostro accounts of Russian exporters remained unspent
The article could be written better if the whole point is about the currencies that were used. Too many figures in US$ without mentioning the actual currency.
The article could be written better if the whole point is about the currencies that were used. Too many figures in US$ without mentioning the actual currency.
Yeah the point of interest here is it’s a step closer to a BRICS currency.