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Exclusive: India's top lender asks exporters to trade with Bangladesh in rupee, taka

Exclusive: India’s top lender asks exporters to trade with Bangladesh in rupee, taka

New Delhi, Sept 19 (Reuters) – The main lender, the State Bank of India (SBI.NS), has asked exporters to avoid making deals with Bangladesh in dollars and other major currencies, as it seeks to limit exposure to Dhaka’s downside reserves, according to an internal document and a source. Bangladesh’s $416 billion economy struggles with rising …

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US says Russian oil price cap should reflect historical prices and limit Putin's profits

US says Russian oil price cap should reflect historical prices and limit Putin’s profits

Liberian-flagged Aframax tanker Suvorovsky Prospect unloads fuel oil from Russia at the Matanzas terminal in Matanzas, Cuba July 16, 2022. REUTERS/Alexandre Meneghini/File Photo Join now for FREE unlimited access to Reuters.com Register SINGAPORE/WASHINGTON, Sept 9 (Reuters) – The price cap the G7 countries want to impose on Russian oil to punish Moscow should be set …

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