Russian companies investing rupee surplus in Indian govt bonds: Report

Mumbai: According to the Indian Banks' Association (IBA), Russian banks and companies with trade surpluses from Indian lenders are using the rupee funds to invest in domestic government debt, Reuters reported.

Russia insists on getting paid in roubles

Moscow/UNI: Russia has warned European countries that they need to pay for gas in roubles or the supplies would be cut off.

Russia-Ukraine war: Rouble tanks to all-time low as market opens

Moscow/UNI: The Rouble currency dipped to an all-time low versus the US dollar on Monday as markets opened for trading on the first day after western nations punished Russia with economic sanctions for its invasion of Ukraine.