On December 6, former Reserve Bank of India (RBI) Governor Shaktikanta Das clarified that India is not pursuing “de-dollarisation.” While India has taken steps to promote the use of domestic currencies in trade, these are primarily meant to reduce risks in Indian commerce, not to challenge the dominance of the US dollar. This comes after
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On December 6, former Reserve Bank of India (RBI) Governor Shaktikanta Das clarified that India is not pursuing “de-dollarisation.” While India has taken steps to promote the use of domestic currencies in trade, these are primarily meant to reduce risks in Indian commerce, not to challenge the dominance of the US dollar. This comes after
