Friday, 4 October 2019

Vladimir Putin adviced to India


Vladimir Putin adviced to India

Vladimir Putin has said that India and Russia should trade in in their respective currencies like ruble and rupees

Russia does maximum of its trade in rubel
Russian President Putin also appreciated decision of prime Minister Modi to trade in in rupees for the defence deal and other trade between Russia and India
  
Putin said China is suffering from US China trade war
Us putting sanction on China
Because China is growing more than us and there is use trade deficit

This condition may arise with India so India should better tric precaution in advance and trade in Indian rupees as much as possible

Putin said we also want to trade in Dollar dollar is very stable currency but us is putting sanction on Russia. Deteriorating the currency of Russia so we are are forced to trade in  Russian currency

Conclusion :-
 it seems that there is valid point in Vladimir Putin advice
Looking at history of USA the country cannot be trusted blindly
It has deteriorated currency of of Turkey when terms and conditions were not favourable for America
America is putting sanction on Iran China turki France some European countries etc
We should not depend too much on America and Dollar


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