Russia and India reportedly halt talks over using rupees for trade, with Moscow preferring to be paid in Chinese yuan

• Russia and India have suspended negotiations over using rupees for trade, Reuters reported. 
• Moscow, with a high trade gap in its favor, believes accumulating rupee is "not desirable." 
• China prefers to be paid in Chinese yuan or other currencies. 

Russia and India have suspended negotiations over using rupees for trade between the two countries, with Moscow reluctant to keep the Indian currency on hand, Reuters reported Thursday.