What will Russia do with the $147 bn stranded Rupee assets it amassed from trade with India?
Edited By WION Video Desk
Published: Jun 03, 2023, 03:55 IST | Updated: Jun 03, 2023, 03:55 IST
Bilateral ties with Russia are a key pillar of India's foreign policy. India & Russia have been longstanding & time-tested allies. After Russia faced sanctions worldwide following its invasion of Ukraine. India emerged as a top buyer of Russian oil. A significant portion of trade was being conducted in Rupee. Though it seemed like a win-win situation for everybody, there is a problem. Russia does not know how to reap the benefits of this trade.
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