• 09/22/2024

Rupee stockpile in Russia due to trade imbalance, not oil purchases — envoy

Disclaimer: TASS is Russian government propaganda, and not a reliable news source.

Meanwhile, Russia is indeed coming out on top in the imbalance in economic ties between the two countries, with Indian rupees accumulating in Russian banks due particularly to this imbalance, Pavan Kapoor noted

https://tass.com/economy/1673805