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The Economic Times

Markets / The Economic Times

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Indias sales of treasuries deepen pivot away from dollar assets

For Mumbai and others, the lessons come after the US froze Russias foreign exchange reserves following its February 2022 invasion of Ukraine. Indias continued buying of Russian oil since became a point of contention with US President Donald Trump, contributing to high tariffs on the Asian nation.

23 Jan 2026 9:58 am