BRICS member India has reportedly purchased oil from the United Arab Emirates using its national currency for the first time ever. In July, reports surfaced that India and the UAE have inked an agreement that allowed the BRICS member to use rupees instead of the US dollar when trading with the Middle Eastern nation. Last … Continue reading BRICS Member India Ditches US Dollar, Purchases 1,000,000 Barrels of Oil With Rupees for First Time Ever: Report