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 US dollar rose against most major currencies as investors digested major economic data. In late New York trading on…
The rupee lost 20 paise to 65.36 against the dollar on Monday on fears that the tax rate decision of…
The US dollar ended lower against the rupee at Rs 64.94/95 per dollar and the pound sterling also finished lower…
The rupee dropped by 14 paise to 64.69 against the dollar at the interbank forex market on Monday amid fresh…
The rupee advanced 10 paise to 64.49 against the dollar today as the US Federal Reserve held off on rates…
