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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

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Russia and India have converted more than 90% of mutual settlements into national currencies


August, 20 2025

Russia and India have almost completely abandoned the use of the dollar and the euro in mutual settlements, transferring over 90% of payments to national currencies. This was stated by First Deputy Prime Minister Denis Manturov at the 26th meeting of the intergovernmental commission on trade and economic cooperation, which is taking place in Moscow today.According to him, the key task remains to ensure uninterrupted payments in a changing international environment. The commission's meeting ... Read More

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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.