India Denies Targeting US Dollar as Dedollarization Reshapes Global Trade

India’s External Affairs Minister S. Jaishankar clarified that the country is not targeting the U.S. dollar in its economic policy, despite shifts in global trade and currency usage. Speaking in Washington, he emphasized that India’s trade adjustments are driven by practical concerns related to partners with dollar shortages, not a strategic effort to undermine the […]

Oct 8, 2024 - 10:00
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India Denies Targeting US Dollar as Dedollarization Reshapes Global Trade
India Denies Targeting US Dollar as Dedollarization Reshapes Global TradeIndia’s External Affairs Minister S. Jaishankar clarified that the country is not targeting the U.S. dollar in its economic policy, despite shifts in global trade and currency usage. Speaking in Washington, he emphasized that India’s trade adjustments are driven by practical concerns related to partners with dollar shortages, not a strategic effort to undermine the […]

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