India No Longer Requires Dollars for Imports/Exports
The Heresy Financial Podcast - A podcast by Joseph Brown
Another day, another domino pushed over, pushing the world that much closer to global de-dollarization. Let's take a look at India right now, they're Rupee is in trouble! The central bank is trying do things to stimulate its demand, and one of the ways they're doing this right now is by putting in place a mechanism so that international trades, settlement of exports and imports can be settled in the Indian Rupee instead of US Dollars.