Trump’s threat
The latest statement by US President-elect Donald Trump demanding that Brics nations pledge not to create or support a new currency to challenge the American dollar reflects growing apprehension about dedollarisation.
The latest statement by US President-elect Donald Trump demanding that Brics nations pledge not to create or support a new currency to challenge the American dollar reflects growing apprehension about dedollarisation.
Dollar imperialism is the force that backs Uncle Sam’s role as the world’s policeman, ensuring that the U.S. maintains its influence over global trade, finance, and geopolitics."
The minister said that a stable economy will propel India to become one of the top 3 economies in the world.
The US Dollar Index (DXY) has slipped below $100 for the first time after April 2022. When the Dollar Index falls, the Indian rupee appreciates and the dollar weakens, which is leading to increase in fund flows from FIIs and FPIs, SBI Securities said in a report.
The Indian rupee came down against the US dollar on Monday, crossing the Rs 81 mark vis-a-vis a dollar.
The rupee was trading down by 3 paise at 64.49 against the US currency in early trade on Monday at…
The US dollar fell against most other major currencies after former National Security Adviser Michael Flynn pleaded guilty to lying…
The US dollar traded mixed against other major currencies as investors pondered over the country’s economic growth data for the…
The rupee depreciated 10 paise to 64.51 against the US dollar in early trade on Wednesday at the interbank foreign…
The rupee dropped 14 paise to 64.72 against the US dollar on Friday after the American currency gained traction among…
