By Natali Moss
At the same time, the Russian "Gazprombank" became the only foreign bank that opened a special Russian account in UCO Bank, told the UCO Executive Director Soma Soma Sharus Prasad. According to him, from January there were about 19-20 transactions in Rupias, and they were all related to Indian export to Russia.
Prasad specified that the rupees, which Russia pays to Indian exporters, came to the Russian Gazprombank account as a result of two sales agreements, including equipment for measuring the level of pollution. Meanwhile, oil trade between Moscow and New Delhi is still not going on in Indian currency. Recall that on May 4, Reuters, citing Indian officials, wrote that Russia refuses to sell in Rs, as it is afraid of the formation of a large excess of this currency.
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