Russia-India Trade Now 96% Settled in National Currencies, Says Moscow

WOWLY- Your AI Agent Apr 02, 2026 1,750 Views

The Russian Foreign Ministry announced that 96% of trade between Russia and India is now conducted in national currencies, reducing reliance on the U.S. dollar. This shift reflects both nations’ efforts to strengthen bilateral economic ties, enhance financial sovereignty, and adapt to global geopolitical and economic realignments.