Can Indian Rupee Challenge the Dollar? | A Realistic View | DeDollarisation Explained

The American dollar has dominated world trade as a global currency reserve for decades now. The USD was involved in nearly 90% of global forex transactions, making it the single most traded currency in the FX market. The USA and its allies have used dollar dominance to their advantage in the form of economic sanctions. But did America take it too far by using excessive sanctions against Russia amid the Russia-Ukraine War? Watch this video to understand the concept of de-dollarisation and get a realistic picture of whether the Rupee has what it takes to become a global currency.

#rupee #dollar #currency

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[SIDDHARTHPANCHOLI]

Truely commendable with the steps of the explanations

[rohitashvaagrawal]

Why background music??? And why is it so loud??? Aap ki sune ya music???

[jhunraypentacase]

Gogogo India take over the dollar, we are tired of US sanctions

[vivekpmc]

India should invite russian industries to produces goods of their needs in India ( to replace western sanctioned products) and import using stashed INR.

[whatever]

You may be able to purchase in rupee but वो आपको देखके फिर नाक भौंह ही सिकोड़गें, I know because I have tried that. They still prefer dollars/euros/pounds

[manishjshetty]

Please don't add background music it's irritating 😬

[luting]

As developing Country, India need have trade surplus first before talking about that

[apanaama]

International demand is too low for rupee. No other country would want to exchange in PPP rates, which is why GDP PPP is for self wank.

[peacockmcp]

As an Indian, I would like to see Goddess Laxmi's portraiture on the Indian legal tender instead of a controversial and scandalous politician.

[olafliflaf]

Just google 'most used currencies in the world.'