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India-Russia global trade | Trump tariff
India & Russia are quietly rewriting the rules of global trade…
➡️ 90% of their trade is now settled in rupees & roubles, not dollars.
➡️ RBI has allowed Special Vostro Accounts, so Russian banks can directly hold rupees in India.
➡️ Both nations are ditching SWIFT, exploring UPI–MIR card integration, and creating a parallel payment system.
All this comes after the U.S. slapped 50% tariffs on Indian exports linked to Russia’s oil trade.
For India & Russia, this isn’t just business — it’s about economic sovereignty, energy security, and reducing dollar dominance.

Could this be the start of a new global financial order?

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