An Indian cement manufacturer recently purchased Russian coal by paying with the yuan currency with the help of India’s biggest private bank, HDFC Bank, news agency Reuters reported.

Indian cement maker used yuan to purchase Russian coal: Report

An Indian cement company imported Russian coal by paying for it in Yuan. Reports say more buyers could turn to the Chinese currency. Palki Sharma tells you why it may not be a good thing.

Gravitas: Indian cement maker buys Russian coal with Yuan

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Indian cement maker used yuan to purchase Russian coal: Report

Gravitas: Indian cement maker buys Russian coal with Yuan