Nepal offers to trade in national currencies with Russia ...News

Russia Today - Economy
Nepal offers to trade in national currencies with Russia
source : Russia Today ( News ) () 24
The country’s envoy says the mechanism should be similar to the one between Russia and India Moscow and Kathmandu could create a mechanism for mutual settlements in the national currencies, Nepal’s ambassador to Russia, Milan Raj Tuladhar, has told RIA Novosti. “It would be a barter trade based on our own currencies, without involving others. It should be a banking cooperation between the central banks of Nepal and Russia,” Tuladhar said. He believes it is possible to create a mechanism similar to the one between Moscow and New Delhi that uses the rupee and ruble in trade. Tuladhar said that Nepal is interested in

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