> India is unable to settle the bill in US dollars due to concerns about secondary sanctions, while Russia remains unwilling to accept rupees due to exchange-rate volatility, the officials said. New Delhi also doesn’t want to complete the deal in Russian rubles due to concerns about being able to purchase enough on the open market at a fair rate, they said.
https://archive.is/PTVY0
>shills been screaming about muh brics and multipolar order
>they stated that BRICS can undermine the dollar(lol)
>russia is still accepting dollars as a form of payment instead of indian currency
>even though they promised to not rely on it
Whats the point of making such promises if you're not willing to commit?
>Whats the point
they are religious fundamentalist child trafficking head choppers, anon
this is like asking why ISIS can't commit to promises
this was so important that you sent it from your iphone!
Wait, why not use the multipolar anti-imperialist yuan?
you may want to brush up on the sino-indian relationship
Is of nothing wrong, Dwight Mann fears the BRICS!
i brushed up against your mom
aren't they both poop brics buddies?
China doesn't like Yuan circulating without their permission.
The yuan isn't worth the paper it's printed on, that's why. The most basic element of currency is both people have to agree that 5 bucks equals 5 bucks because if we can't even do that, the money is literally worthless. China manipulates its currency to such an insane degree that everyone knows it's not worth what they say it is.
Also to add to your point, if people in the third world think that Americans becoming millionaires at what seems like random to them, the Chinese take it to a extreme and billionaires pop up in every party group local or national with shell companies that lead nowhere to account for it, the world knows that Xi hands out hundreds of billions of his monopoly money to his trusted allies so ofcourse no one wants to trade on an even footing with China, if anything I feel bad for Brazil because they’re absolutely moronic macaco asses are now going to be subject to Chinese real estate in a far larger scale than what we saw in Canada or Australia
Yuan can't be traded or exchanged and is wholly controlled by whatever vague amount tha CCP sets it at. Whereas the USD among other strong currencies are backed both by market factors as well as notably guarantee of freedom of navigation/trads.
One is funny money the other is funny money with the backing of the US military and a massive chunk of the global economy.
Trade*
Frick it's late and now I'm picturing Ft. Knox full of tradwives.
>Ft. Knox full of tradwives.
sounds like something the Mormons would keep operational in Utah, just waiting for Mormon Jesus to descend and collect his many wives
You've already given yourself away. Now hand them over.
Sir? SIR!? Why, why sir? We asked you... please, please sir do NOT redeem?
SIR SIR WHY WON'T YOU REDEEM
>be dealing with one of the few countries that will trade with you
>refuse to take their currency
Russia is moronic.
They have a hard time finding people willing to trade their rupee bags
>getting paid in Monopoly money
The rupee is not "monopoly money", you must be thinking of the American or Canadian dollar.
the why won't big daddy POCCNR accept the totally valid and stronk rupoos pajeet sissy?
sorry, *zelda money
For a currency to be useful people have to want to live in it's country of origination. Do you want to live in India, sir?
SIRS?? WHY WILL YOU NOT REDEM?? YOU ARE b***h BASTARDS SIRS!
So how is India paying for Russian oil?
Rice? Mangos?
> One possible solution would be to use euros and dirhams, the currencies used to pay for Indian imports of discounted Russian crude, a senior Indian government official said. However, using these currencies to pay for weapons could invite more scrutiny from the US over sanctions than oil, as well as pushing up costs due to unfavorable exchange rates for India.
Tech support.
Emirati dirhams
gift cards
don't ask where they got them from
he doesnt know.... its troll and shill farms obviously
REDEEM THE RUPEES
SIR
I can't wait for the great satan to collapse. The whole world will rejoice that finally the cancerous american empire is gone. White people won't be getting genocided or replaced and globohomosexual will be destroyed. What a day that will be. Let this be a lesson to all future generations of white people, this is what happens when you let the israeli parasite into your country.
How did Russia gain israeli population through WW2? That seems obviously wrong.
the big spike in 1939 is them annexing poland i presume. but the whole thing has no sources and is obviously just somebody drawing by hand what he thinks things were like
>America gets a shitload of israelites, becomes the most powerful nation in human history
>Russia loses all its israelites, collapses into a corrupt destitute shithole
Okay then.
>Anglos build a shitload of factories that can pump out a shitload of weapons, ammunition and armored vehicles then put billions into weapons research
Where do the israelites come into this?
Maybe in the post I was replying to that attempted to correlate American decline with an influx of israelites despite the opposite occurring, you fricking dipshit.
>US
>Not corrupt
Ok buddy
shut the frick up moron
Decent b8, i r8 888
THE LOO HAS NO POO
BLOODY b***h BLOODY BASTERD BENCHOD RUSSIA BETRAYED GLORIOUS SUPERPOWER INDIA, RUSSIA IS SCHEMING WITH PORKISTAN AGAINST INDIA, BUT INDIA WILL PREVAIL, JAI HIND
so this is the power of BRICS
i only feel bad for my brazilian brothers lmao.
>my brazilian brothers
ook
>n-word
>wife's son
>the absolute state of America
https://www.washingtonpost.com/advice/2023/04/21/ask-amy-racist-slur-fiancee-son/
SIRS I DO NOT FEELING VERY GOOD I BELIEF AMERICA IS IN POOR SHAPE BOYS I FEELING GIVING UP OKEY THENKYU
Most of those anonymous please help me articles seem fake.
>my job requires dealing with indian feds
>our government refuses to allow the unlimited student visas india constantly demands because a million of those motherfrickers turn 18 every month
>india chimps out and refuses to collaborate on every other issue going because of this
Frick India
Doesn't using your currency as a regulatory tool hurt its adoption and power in the long run?
It depends on what you regulated with it
only if the alternatives are viable and the risks outweigh benefits, but working with the USA instead of against it gives you access to one of the most stable currencies on the entire planet from an economy that consistently goes up with a fiscal policy of easing and debt permissiveness, that has close allies on most continents and is the defacto greatest charity/loan giver to the others, these are all huge benefits
there have been moves to shift the $ way up, not way down, with regards to special drawing rights - even with the new addition of RMB the US fraction (0.57) is still as high as it was in the early 90s, while the US remains predominant at over 59% of nations' reserve currency, being the only currency over 25%, lapping "competitors"
RMB is rising only in countries that are adversarial to the US (China/Russia) or who are neutral but at threat from Chinese hostilities, so instead of "playing nice" with the threats who already said they want to ruin the American economy and hoping they come back to USD after you let them invade all their neighbors for free, the power play is to frick them over as hard as humanly possible and then to allow whatever democratic government replaces them to use USD again without restriction
I suppose there's a whole cost benefit calculation to it. Still I can see it negatively impacting the dollar what with China coddling the African states with Yuan.
those "Yuan" transactions with are closed in USD and then converted back, the process of closing these transactions with Yuan would be detrimental & unreliable for both parties, and that's why there was an entire slew of articles about how China was definitely 100% going to dethrone the dollar and swap them all to Yuan following some CCP propaganda... in 2018, which still hasn't happened yet to this day
the cost of antagonizing people who say they want to destroy the dollar by making it harder for them to use the dollar today is nil, if it stops them from effectively building any alternative in the future - either you have rendered them helpless, or they did what they would have already done anyway (but not with the benefit of your help & financial aide) - the fact there's a war on and Russia is easily culpable is just a really convenient excuse to seriously go to town on them, even though there are short-term negatives for ally economies that would normally complain about sanctions
JANNIES THEYRE DISCUSSING PrepHole AND /misc/ TOPICS IN THE WEAPONS BOARD AGAIN
currency can be weaponized
cope
if they ever bother to do a board merge april fools again, "/kiz/ - economic warfare" would be fun for a day
You guys know the jokes about how you know Obama really doesn't believe the most alarmist climate shit he peddles by observing how he buys things like beachfront property?
Same logic applies to Russia crying impending doom to America and a multipolar world as Putin keeps asking for payments to be made in Dollars.
Well, saying Russia is making shit up is hardly a revelation.
Bloody Russiasher son of basterd bich why u not redeem the rupee bloody rascal benchod
SCATSAT 1 POO DOWN
OVER SIRS
It seems China bucks will be the new world currency then.