Source: The post is based on the article “Will the greenback still be green?” published in The Hindu on 8th May 2023 Syllabus: GS 3 – Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. Relevance: About the de-dollarisation debate. News: As China, India, and Russia trying to trade using partner currencies for payment instead of… Continue reading De-dollarisation: Will the greenback still be green?
Tag: Dedollarisation
Why Dollar’s Losing Its Shine
Source: The post is based on the article “Why Dollar’s Losing Its Shine” published in The Times of India on 25th April 2023. Syllabus: GS 3 – Economy – Money and Banking Relevance: measures taken adopt alternatives to dollar dominance News: Countries around the world are looking for an alternative to the weakening US dollar. Contents1 What… Continue reading Why Dollar’s Losing Its Shine
