Ivan Nosov News Today

Russian Oil Suppliers: For decades, the U.S. dollar has been the currency of international oil trade and efforts to find alternatives have been thwarted by the difficulties of conversion, as well as political obstacles.

One of Russias most lucrative oil trade routes since the imposition of Western sanctions over the Ukraine conflict faces a major challenge because of the drawbacks of payment in currency other...

By Elena Fabrichnaya, Nidhi Verma and Dmitry Zhdannikov MOSCOW/DELHI (Reuters) - One of Russia's most lucrative oil trade routes since the imposition ...

Russian Oil Suppliers: Russian officials and oil executives have pressed Indian buyers to pay in Chinese yuan, which for Russia is a more useful currency.

A significant obstacle confronts one of Russia's most profitable oil trade routes following Western sanctions related to the Ukraine conflict, arising...

Russia's top lenders Sberbank and VTB have said they are improving their ability to convert rupees into roubles, helping exporters to get funds effectively trapped in India due to Western sanctions.

Faltering deal bodes ill for India’s plan to create rupee-rouble trade mechanisms that can bypass dollar and euro payments.

India Potash's rouble-rupee payment deal stumbles in Russian bank

MUMBAI: Indian shares dropped early on Tuesday as domestic investors awaited a central bank interest rate decision, while global investors were nervous ahead of US inflation data and key rate decisions in Europe and Australia. The NSE Nifty 50 index was down 0.73 percent at 16,447.05, as of 0355 GMT, while the S&P BSE Sensex fell 0.74 percent to 55,258.58.

By Nidhi Verma and Aftab Ahmed NEW DELHI (Reuters) - Russia's Sberbank has yet to process the first payment from Indian Potash Ltd (IPL) under a deal ...