India has suggested to the world's biggest oil producers (OPEC) that they allow India to make payments for oil in rupees instead of euros or dollar. OPEC supplies 60% of India's oil needs. The move, if accepted, will also help India's current account deficit .
from Times of India https://ift.tt/2R16z4v
Wednesday, October 17, 2018
Home »
Times of India
» Rupee-oil problem: Will Saudi Arabia agree to Iran model for India?
0 comments:
Post a Comment