VOSTRO & NOSTRO ACCOUNT
The idea is to get around Western sanctions against Russia by carrying on trade in rupees.
The idea is to get around Western sanctions against Russia by carrying on trade in rupees.
The Government announced that nine special Vostro accounts have been opened to facilitate trade in the rupee with Russia.
Key Points
About
How does the Vostro account function?
What is a Nostro account?
News Source: The Indian Express