Indian exporters want to trade with Russia in rupees

«The Federation of Indian Export Organizations (FIEO) has sent a plan to the Ministry of Industry and Trade, containing provisions for switching from dollars to rupees in settlements with Russia,» - Nitesh Mishra, FIEO spokesman, told the reporters.

«The Federation of Indian Export Organizations (FIEO) has sent a plan to the Ministry of Industry and Trade, containing provisions for switching from dollars to rupees in settlements with Russia,» - Nitesh Mishra, FIEO spokesman, told the reporters.

«We have forwarded the proposal to the Ministry of Industry and Trade, - he said. - But have not yet received any reply, neither from them nor from the Ministry of Finance, which deals with issues related to mutual settlements.»

The Ministry of Industry and Trade confirmed the receipt of the proposal and noted that it is currently under consideration.

First published in Russian by TASS.

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