Search For "dedollarisation"
De-dollarisation not on BRICS agenda, India reaffirms stance
Updated : 8 months 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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No major sell-off in Dollar assets expected despite global tariff tensions
Updated : 8 months, 1 week ago IST
As global trade tensions rise with the return of high tariffs under US President Donald Trump's policy, questions are being raised on whether countries affected by these tariffs will sell off their dollar-denominated assets to manage the financial burden.
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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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"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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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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Rupee goes international - Journey of Indian currency since 1947
Updated : 2 years, 7 months ago IST
Banks from 22 countries have opened special Rupee vostro accounts in Indian banks in order to trade in local currency as part of gradual de-dollarisation plans, the Parliament was informed during the just concluded monsoon session of Parliament.
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Rupee goes international - Journey of Indian currency since 1947
Updated : 2 years, 7 months ago IST
Banks from 22 countries have opened special Rupee vostro accounts in Indian banks in order to trade in local currency as part of gradual de-dollarisation plans, the Parliament was informed during the just concluded monsoon session of Parliament.
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