Browsing Tag
Vostro Account
4 posts
India Pushes BRICS To Settle $100 Billion in Rupees
The Reserve Bank of India recently sent a circular to BRICS and other countries allowing direct settlements in…
India Ditches USD, Sends Circular To BRICS Granting Full Rupee Access
In a landmark move to challenge the USD’s dominance, India has issued an official circular allowing BRICS nations…
India Lets 30 Countries Trade With Rupee in New BRICS Strategy
US President Donald Trump imposed 25% tariffs on India, accusing it of indulging in anti-American activities. Trump also…
BRICS Ditches US Dollar, Settles $4 Billion Trade in Local Currencies
BRICS members India and Russia ditched the US dollar and settled payments worth $4 billion in local currencies.…