The rupee settlement mechanism continues to face major roadblocks with little or no trade taking place in the domestic currency. This is in spite of the fact that banks from 18 countries have been permitted by the Reserve Bank of India (RBI) to open Special Vostro Rupee Accounts (SVRAs) for settling payments in Indian rupees.
The Russian idea is to break this stalemate through a three-way payment mechanism, which works in the following way: Russia sells oil to India in rupees; India makes the rupee payment to the UAE; and Russia then buys UAE goods or services against that payment.
هذه القصة مأخوذة من طبعة March 30, 2023 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة March 30, 2023 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Quick Edit: The market's green role
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I am with the Indian Army. Until last year, we received Form 16 under the old tax regime, including allowances such as HRA, travel and uniform.
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