
India is mainly paying in roubles for Russian oil, but has started payments in the Chinese currency yuan, Russia’s deputy PM Alexander Novak said on Wednesday. “I am aware that such payments have started. I believe the percentage is small at present because payments are largely made in roubles,” Novak was quoted as saying by state-run TASS news agency. According to earlier reports, India was mainly making payments for Russian oil in Indian rupees. pti