Rise of Indian Rupee to de-Dollarise global market

Start small, make steady gains and remain firm on your goals. This may sound like a bodybuilding tip, but it has come from Indian foreign trade dynamics. India’s initiative to push forward the Indian Rupee in the global market has started to bear fruit now. The de-Dollarisation has begun.
Watch video to know more.

0:00 - 0:32 - Introduction
0:33 - 1:42 - India-Sri Lanka Rupee trade
1:43 - 3:02 - Problem with Dollar and Chinese currency
3:03 - 4:42 - Rupee is finding traction

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[rajx]

We need to become energy independent and increase exports.

[beninvijay]

Rupee don't kill any currency. We want a stable balanced multipolar 🌎. Which will serve as development for all.

[bestalwaysofall]

It is quite easy with SriKanka, Nepal and Bhutan because these countries can earn more through the easiest tourism if they start trading with Rupee. And this would solve their purchases in so far as products manufactured in India. Same is the case with all middle East countries where we purchase oil or where our labour force is working.. Also it is true with countries like Russia and surrounding countries. Also South African countries can use Rupees with easy import of our products for raw-materials available with them. Chinese also can do the same.

[TheJHMAN]

But will other countries be able to detach themselves from the world banks? I doubt it, there is security in knowing where your next bailout will come from.

[surajsubedi]

3 trillion dollar economy can kill 24 trillion dollar economy? 😄😄

[hunterslaptop]

Nope. Have to get away from any centralized fiat currency. The new Petro Dollar/global reserve currency should be a decentralized crypto. For now thats only BTC, but ISO's like XLM, XRP, Hbar etc. However Hbar is too centralized. Besides, the problem with India is CBDC's and the hackers. End the hackers for starters. Oh, and duct cleaners.