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India's oil deals with Russia dent decades-old dollar dominance - Vimarsana News

India's oil deals with Russia dent decades-old dollar dominance

Paying for oil in dollars has been the nearly universal practice for decades

India's oil deals with Russia dent decades-old dollar dominance - Vimarsana News

India's oil deals with Russia dent decades-old dollar dominance

"Russian suppliers will find some other banks for receiving payments," the source told Reuters. "As it is, the government is not asking us to stop buying Russian oil, so we are hopeful that an alternative payment mechanism will be found in case the current system is blocked."

Russia and India dent dollar's dominance Reuters - Vimarsana News

Russia and India dent dollar's dominance Reuters

Booming oil trade between the two nations shifts to alternative currencies The US dollar is seeing its decades-long dominance in oil trade

Russia and India dent dollar's dominance Reuters - Vimarsana News

Russia and India dent dollar's dominance Reuters

Booming oil trade between the two nations shifts to alternative currencies The US dollar is seeing its decades-long dominance in oil trade

Reed Smith adds distinguished white collar partner Evan Barr in New York - Vimarsana News

Reed Smith adds distinguished white collar partner Evan Barr in New York

Reed Smith announced the addition of Evan Barr as a partner in its Regulatory and Investigations Group.