30.03.2012 - Russia, India to trade in local currencies in 3 years-banker
Moscow and New Delhi will switch to trading in domestic currencies in three years, the chairman of Russia's largest state development bank said on Thursday. "With China it took us three years to (evolve) from initial conversations to trading in local currencies," VEB Chairman Vladimir Dmitriev told reporters on the sidelines of the BRICS summit of emerging world powerhouses - Brazil, Russia, India, China and South Africa...............................................Full Article: Source
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