Source link Attacks on ships by Yemen’s Houthi rebels have caused a surge in costs and lengthy delays Over half of British exporters and manufacturers have faced problems due to shipping disruptions in the Red Sea caused by attacks on vessels by Yemen’s Houthi rebels, according to a new survey by the British Chambers of […]
Source link Local currency settlements will significantly benefit businesses trading with Moscow, Ajay Sahai told RT New Delhi can significantly increase exports to Russia and reduce the existing trade deficit by using payment mechanisms in local currencies, the head of the Federation of Indian Export Organisations (FIEO) has told RT. Ajay Sahai, the director general and […]
Source link This has helped strengthen the ruble by around 10% against major currencies in the past two months Major Russian exporters have been converting more of their foreign currency earnings to rubles in the past two months, the director of the financial stability department of the Bank of Russia, Elizaveta Danilova, said at a […]