Jaishankar on De-Dollarisation: Why India is Exploring Alternatives

India's EAM S. Jaishankar explains India's move toward de-dollarisation due to policy challenges, seeking alternative solutions for global trade.

#DeDollarisation #jaishankar #globaltrade #indiaforeignpolicy #economicshift #AlternativeCurrencies #indiaeconomy #TradeInnovation #CurrencyShift #geopolitics #indiatrade #CurrencyAlternatives #globaleconomy #RupeeTrade #TradeWorkarounds #economicdiplomacy #globalfinance #IndiaInWorldTrade #DeDollarizationTrend #IndiaGlobalInfluence

India’s Foreign Minister, S. Jaishankar, discusses the growing trend of de-dollarisation, explaining why India is seeking alternatives for global trade. As dollar-based transactions become challenging with certain partners due to restrictive policies, India is looking for innovative workarounds. What does this mean for the future of global trade? Watch now to hear Jaishankar's insights!

Video is About: De-dollarisation India, Jaishankar De-dollarisation, Global Trade Alternatives, India Foreign Policy, Trade Without Dollar, India Economic Strategy, Global Currency Shift, Alternative Trade Currencies, India US Trade Relations, Jaishankar Interview, India Trade Policies, Non-Dollar Trade Agreements, Global Economic Realignment, India US Dollar Alternatives, International Trade Challenges, Jaishankar Trade Insights, Indian Rupee Trade, Currency Diversification, Economic Diplomacy, Global Finance Shift

[ImagineTruth]

This is so damn sensible I don’t understand why the US of A cannot do the same.

[anthonymathias]

Mr. Jaishankar this issue doesn't fall under Foreign Affairs it's a question of foreign trade policy. Don't speak on things that are not your ministry's concern. The question is do you wish India to pay commission to the US correspondent banks for every transaction you do enriching them for doing nothing. Do you wish your country's currency to find value pegged to the US dollar ie., Rs. 84 when the Purchasing Power Parity shows ₹ to be somewhere at 26. Do want to continue to enrich the US at our cost. Remember De Gaulle said exhorbitant privilege. Do you want the US to continue to print money and buy your goods dirt cheap and then sell you their bonds and if they don't like you they may freeze your $ reserves. Why keep your reserves in $ when you can keep them in gold. Why the ₹ and other currencies should not be pegged to gold instead of $. Do you want to continue US hegemony.