Search For "de dollarisation"
De-dollarisation is not part of India's financial agenda: MEA
Updated : 7 months, 1 week ago IST
"We have made our position very clear on this issue earlier as well. De-dollarisation is not part of India's financial agenda," MEA spokesperson Randhir Jaiswal said at the weekly media briefing when asked about Brazilian President Lula's statement that BRICS nations may consider an alternat
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Trump once again threatens 10 pc tariffs on BRICS nations over dollar domi
Updated : 8 months, 1 week ago IST
Speaking at a White House event on Friday, Trump accused the group of trying to "take over" the US dollar and said he would not allow America's currency to "slide".
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De-dollarisation not on BRICS agenda, India reaffirms stance
Updated : 8 months, 1 week ago IST
India on Thursday reiterated that de-dollarisation was not on the BRICS agenda, and the member countries were only looking at cross-border payments in local currency.
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"BRICS currency is a very complex discussion": Brazil's Ambassador to Indi
Updated : 9 months, 1 week ago IST
Nobrega said that BRICS countries have already been trading in local currency and one should not relate this to de-dollarisation.
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India lodged "strong protest" against Sri Lanka over firing on Indian fish
Updated : 1 year, 1 month ago IST
In a troubling episode this week, two Indian fishermen from Karaikal sustained injuries after the Sri Lankan Navy allegedly opened fire at them in Jaffna Sea.
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"Replace USD, face 100% tariffs," Donald Trump once again holds out threat
Updated : 1 year, 1 month ago IST
US President Donald Trump warned BRICS nations against moving away from the US dollar, stating that any attempt to introduce a new currency would result in 100% tariffs on trade with the United States. His remarks reaffirm the administration's stance on preserving dollar dominance in glob
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De-dollarisation not on agenda, only agreements for Vostro accounts with c
Updated : 1 year, 3 months ago IST
Responding to questions during the post-monetary policy press conference, the central bank governor said all that RBI has done is permit the opening of Vostro accounts to countries who wish to trade in local currency. This was a part of the de-risking of trade.
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Israel Minister Nir Barkat backs Trump's stance on de-dollarisation, says
Updated : 1 year, 3 months ago IST
Israel Minister of Economy and Industry, Nir Barkat, expressed his support for US president-elect Donald Trump's recent threat to BRICS countries regarding their de-dollarisation efforts, saying that "I think it's in the best interest of the free world."
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Donald Trump's move will ultimately hurt American economy, says economist
Updated : 1 year, 3 months ago IST
Manoranjan Sharma, Chief Economist at Infomerics, reacting to the President-elect Donald Trump's warning to BRICS countries regarding the latter's de-dollarisation efforts, stated that the any move from the US will have severe impact on its own country.
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"It's an economic war on BRICS nations": economist Sharad Kohli weighs in
Updated : 1 year, 3 months ago IST
Economist Sharad Kohli sees US President-elect Donald Trump's threat to BRICS countries regarding the latter's de-dollarisation efforts as an economic war on the developing nations.
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Geopolitical tensions, de-dollarisation and tech advancements boost gold d
Updated : 1 year, 4 months ago IST
Factors like de-dollarisation and geopolitical conflicts, including the ongoing Russia-Ukraine war and escalating Middle Eastern tensions, continue to drive demand for gold as a stabilising asset, said Sachin Jain, Regional CEO India of the World Gold Council on Wednesday.
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India's economic stride strengthening rupee's internationalisation in new
Updated : 1 year, 7 months ago IST
With growing global fragmentation, and geopolitical and geostrategic shifts, de-dollarisation plans are gathering currency. On the other hand, BRICS countries are working on reducing dollar dominance in the global financial system by replacing it with a new global currency.
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