RUSSIA'S INVASION OF Ukraine sparked a new financial battle as western sanctions have compelled Moscow and its crude oil customers to look for alternatives to the dollar for payments. Consequently, some Indian refiners recently paid in the Chinese yuan for the commodity.
Reports suggest that state-run Indian Oil Corporation and a few other private oil refiners are now partly paying in the Chinese currency for Russian oil due to the lack of viable non-dollar payment options.
Diese Geschichte stammt aus der August 06, 2023-Ausgabe von Business Today India.
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Diese Geschichte stammt aus der August 06, 2023-Ausgabe von Business Today India.
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