Create dedicated war chest to cushion against conflicts, defer non-priority imports, go big on dollar trades, currency swaps & non-dollar deals. K.A.Badarinath Is Bharatiya Rupee under attack? Will conversion ratio cross the psychological barrier of Rs 100 per one US dollar? Would that mean Bharat’s economy gets more susceptible or vulnerable to external currency market … Continue reading Currency Conundrum
Tag: RBI
New India’s Rupee Goes Global & Dematerialized!
Oil and gas deals, gold imports, small & medium ticket trade payments must be settled in rupees. Russia jumping on to the rupee bandwagon is a big breakthrough even as India readies to overtake Germany as third largest economy. K.A.Badarinath Two significant developments this week have made the trajectory on Indian rupee very clear. … Continue reading New India’s Rupee Goes Global & Dematerialized!


