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Russian rouble at 32-month low, a boon for exporters, minister says

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Putin says existing BRICS infrastructure is enough for cross-border payments

Russian President Putin announced no new system for BRICS cross-border payments, citing existing infrastructure as adequate to handle trade challenges among member countries.

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Exclusive-Russia payment hurdles with China partners intensified in August, sources say

Russian companies struggle with payment delays and rising costs in transactions with China, affecting billions due to stricter compliance from Chinese banks after Western sanctions threats.