Russia is utilizing cryptocurrencies like bitcoin, ether, and stablecoins in its oil trade with China and India to bypass Western sanctions. This practice assists in converting currencies such as Chinese yuan and Indian rupees into Russian roubles. The strategy has become a small but growing part of Russia’s oil trade, valued at $192 billion last year.
F&O Talk| Indian markets in mature uptrend, Nifty now eyeing 26k: Rahul Ghose
Markets snapped their five-week-long consolidation trend, driven by improving global cues, easing geopolitical concerns, and a renewed uptick in foreign institutional investor (FII) buying during