Russian funds in Indian vostro accounts fall to $3.5 bn: What is their use?

Russian funds in Indian rupee vostro accounts have halved to $3.5 billion in 12-15 months. Vostro accounts, introduced in July 2022 in India, facilitate rupee trade

Russian funds in Indian vostro accounts fall to $3.5 bn: What is their use?

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Russian funds in Indian rupee vostro accounts have halved to $3.5 billion in 12-15 months. Vostro accounts, introduced in July 2022 in India, facilitate rupee trade