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2023-05-02 11:30:09

India, Russia Mull Payment System Integration in Face of US Sanctions

India, Russia Mull Payment System Integration in Face of US Sanctions

The governments of India and Russia are considering integrating part of their payment systems, in order to counter the possible future effect of US sanctions on the capital flows of each country. The deal would include the integration of India’s Rupay card system and its Russian counterpart, Mir Cards, to allow seamless payments between the

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