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Russia-Bangladesh Trade Settlement in Indian Rupees Under Consideration

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A proposal is currently under review to conduct bilateral trade between Russia and Bangladesh using Indian rupees. The plan also includes building a dedicated payment infrastructure to support such transactions. A key component of this arrangement would involve opening a branch of a Russian bank in the Bangladeshi capital, Dhaka. The move signals a broader effort to reduce reliance on traditional Western currencies in regional trade.

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Russia-Bangladesh Trade Settlement in Indian Rupees Under Consideration · ShortSingh