VOLdeMore BULLETIN published a brief interview with former India's Minister of Finance (1990-1991, 1998 - 2002) and External Affairs (2002 - May 2004) Yashwant Sinha (scorpio). Sinha joined political group Trinamool Congress this year.

VOLdeMore: And do you back the idea of a rupee-rouble trading mechanism be set up to settle payments between India and Russia, with China's yuan as a reference currency?

Yashwant Sinha: Yes, I do believe that we can carry our trade in our own currencies. But I don't think that the yuan should be made a reference currency. Any such arrangement should be done based on just the rupee and rouble.

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goldbugs v fiat arbitrageurs story developing ...