3 Economics To Lead De-Dollarization: What's Going On?
The current de-dollarization wave is now gaining rapid momentum with more and more nations joining the surging drive. Several nations have now started to float plans that aim to introduce local currency narratives in global trade, pushing the dollar aside for serious business. Who are these three nations, and what are their new plans to put the de-dollarization wave in motion? Let’s find out. Also Read: India To Boost De-Dollarization: Buy Nigerian Oil Paying in Naira 3 Economies Leading De-Dollarization Source: Watcher Guru It seems that the global financial sector is onto the US dollar, leaving no stone unturned to derail its current stature. India, being one of the major global economies, has recently announced plans to strengthen its rupee. To do that, India’s Reserve Bank of India has issued an order to prioritize the rupee in global trade, facilitating seamless, faster rupee-based orders globally. This move underlined India’s decision to make INR a leading global playe...