India–Russia Push Rupee–Rouble Trade Mechanism | World Business Watch 2025

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India–Russia Push Rupee–Rouble Trade Mechanism | World Business Watch 2025 New US Treasury data shows three BRICS economies, India, Brazil, and China, sharply reduced their US treasury holdings in September, cutting a combined 29 billion dollars. India led with a 16.7 billion dollar draw-down, followed by Brazil at 11.8 billion dollars, while China trimmed another 500 million dollars, continuing its multi-year reduction. The pullback comes at a time when the dollar is already under pressure. The dollar index has fallen by over 10 percent in 2025, one of its steepest annual drops in two decades, before a mild rebound recently. Global banks say the sell-off reflects a mix of lower US yields, shifting reserve strategies, and early signs of de-Dollarisation among emerging markets. #usa #russia #india #brics #wion About Channel: WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One. Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults. Subscribe to our channel at https://goo.gl/JfY3NI Check out our website: http://www.wionews.com Join our WhatsApp Channel: https://bit.ly/455YOQ0 Connect with us on our social media handles: Facebook: https://www.facebook.com/WIONews Twitter: https://twitter.com/WIONews Instagram: https://www.instagram.com/wionews/ Follow us on Google News for the latest updates Zee News:- https://bit.ly/2Ac5G60 Zee Business:- https://bit.ly/36vI2xa DNA India:- https://bit.ly/2ZDuLRY WION: https://bit.ly/3gnDb5J Zee News Apps: https://bit.ly/ZeeNewsApps