The Russian Federation was left without $40 billion in rupees earned from selling oil to India; the Kremlin will not be able to withdraw it.
Selling Russian oil to India for rupees turned out to be a failed idea of Vladimir Putin. The goals of the Russian President were to try to circumvent the ban on the sale of oil in dollars, as well as to undermine the status of the American currency in the world. As a result of the adventure of the Kremlin dictator Russia sold about $39 billion worth of oil, but cannot withdraw it in rupees from the financial system India.
As reported in the material Newsweekthe Indian authorities do not allow the withdrawal of a huge amount, because this threatens the financial stability of the state.
The Russian Federation cannot get its billions by purchasing Indian goods – they are not available in the required quantities.
Putin’s team quickly began to make excuses, trying to give their failure an “attractive” outline. Thus, Russian Foreign Minister Sergei Lavrov said that about 39 billion dollars in rupees will be invested in the Indian economy.
Let us recall that on September 5, it was reported about another loss of the Russian Federation in the oil industry: then Bulgaria took away the terminal from it “Rosenets“.
Earlier, on September 4, it was reported that India was refusing to buy Russian oil and would again buy it at Middle East.
Author: Pavel Prikhodko
2023-09-11 14:42:56
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