UCO Bank To Soon Start Rupee Trade With Russia, Says CEO

Trade between India and Russia has thrived in the past few months, despite the threat of sanctions due to the war in Ukraine. Total imports of items such as sunflower oil, fertilizers, silver, printed books, coriander seeds, and furniture items jumped more than 61% during the April to July period to $2.1 billion, from $1.3 billion a year earlier, the Mint newspaper reported, citing data from the Commerce Ministry. 

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