c/world · by alphacyberranger@lemmy.world · 2y

Russia says there's a problem with billions of rupees it has in India that need to be converted

https://markets.businessinsider.com/news/currencies/russia-india-ruble-rupee-sanctions-trade-imbalance-yuan-weapons-deficit-2023-5

75 points · 11 comments · view on lemmy.world

11 Comments

nxfsi@lemmy.world · 42 pts · 2y (3 replies)

MAAM DO NOT REDEEM

DSkou7@programming.dev · 16 pts · 2y

sternail@lemmy.world · 13 pts · 2y (1 reply)

WHY DID YOU REDEEM IT?

test113@lemmy.world · 6 pts · 2y

lps2@lemmy.ml · 18 pts · 2y (4 replies)

Lol, and we are to believe BRICS is an actual threat to the west and to USD dominance?

nbafantest@lemmy.world · 8 pts · 2y (2 replies)

Moscow has also rejected an idea from New Delhi for the Kremlin to invest rupees from arms payments back into Indian capital markets so the currency doesn't pile up

You're not wrong

iforgotmyinstance@lemmy.world · 3 pts · 2y (1 reply)

Honestly that's a really lucrative opportunity, what fucking idiots are running Russia?

nbafantest@lemmy.world · 5 pts · 2y

The incentives in authoritarian/dictatorships are different than they are in the free world.

mino@discuss.tchncs.de · 2 pts · 2y

BRICS was never going to be a threat. Here's why we shouldn't be worried: https://piped.video/watch?v=dpMTt93d0p4

Good informative video

Treczoks@lemm.ee · 8 pts · 2y

No, the rupees sitting in India just show it works as intended.

whiskers@lemmings.world · 3 pts · 2y

Sounds like Russia wants to have its cake and eat it too. Not that I'm surprised