Russian Federation and India suspended negotiations on trade in rupees

Russian Federation and India suspended negotiations on the translation bilateral trades in rupee as accumulation of the Indian currency is unprofitable to Moscow information agency "Reuters" with reference to government officials to New Delhi. "We any more do not want to insist on settlement in rupees, this mechanism simply does not work. India tried everything that we could to try to force it to work, but it did not help", – told one of them. Moscow considers, according to other interlocutor that annual surplus of rupees in case of realization of the mechanism will exceed $40 billion, and considers such scenario...