India will start to pay in Chinese currency for Russian oil imports

04/07/2023 / China, Economics, Finance, Indian, Russian / Chinese Yuan, Oil, Yuan

🇮🇳 Refiners Start 🇨🇳Yuan Payments for 🇷🇺 Oil Imports

State-owned India Oil Corp – the biggest importer of Russian crude for the last two months – made its first payment in #Yuan last month. (Reuters)

The Chinese currency has replaced USD – formerly the main currency for… pic.twitter.com/7Az5xTPRlS
— RT_India (@RT_India_news) July 3, 2023