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 on Thursday spurted 12 paise to 64.80 against the US currency after a rush of dollar supply. This…
The rupee firmed up 5 paise to 65.06 against the dollar on Tuesday, set off by fresh selling of the…
The rupee depreciated by 5 paise to 65.06 against the dollar on Monday after renewed demand for the US currency…
Oil prices rebounded on Friday, but posted weekly losses amid concerns about oversupply, a media report said. Oil prices have…
The rupee came under pressure against the dollar on Thursday slipping 11 paise to 65.32 after upbeat economic data bolstered…
