India’s Pursuit of Reserve Currency Status
While the US dollar will likely stay dominant, a gradual shift towards other currencies, possibly including the INR, could occur in the long run.
- Sneha M
- August 23, 2023 |
- Issue Brief
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While the US dollar will likely stay dominant, a gradual shift towards other currencies, possibly including the INR, could occur in the long run.
Nigeria's leadership of ECOWAS presents a pivotal opportunity to navigate the challenges related to coups and terrorism in the West African region.
The ambitious policy measures taken by the Ranil Wickremasinghe government to revive the economy have yielded some positive outcomes though concerns remain over their implementation.
Ghazwatul Hind appears to be a speculative eschatological red herring, meant to beguile and mislead young minds by violent extremist and terrorist groups.
With India and Bangladesh agreeing to settle the payments for their international trade partly in Indian rupee, it can reduce pressure on Bangladeshi dollar reserves.
The Latin American countries of Argentina, Bolivia and Chile have emerged as the lithium bank to fuel green transition.
With increasing North Korean nuclear and missile threats, and Chinese nuclear force modernisation, the prospects of indigenous nuclear weapons acquisition by Japan and South Korea cannot be ruled out.
Organisations must develop distributed denial-of-service (DDoS) response plans and promote a culture of cyber hygiene among their workforce.
The inaction of countries like Canada to rein in the Khalistani separatists have been straining their relations with India.
The provisions of the Convention on Cluster Munitions are not relevant in the extant case of supply of dual purpose improved conventional munitions (DPICM) to Ukraine.