Game of Consultants

The dollar’s long reign of dominance as the world’s primary medium of exchange is beginning to wane as nations around the world adopt strategies of de-dollarization in order to prevent Western countries from exploiting their economic power for personal gain.

But what is de-dollarisation and how India is moving towards becoming a developed nation through internationalisation of the rupee?

Are there any risks involved in internationalising the rupee? If so, what are the measures that need to be taken in order to ensure that these risks are minimised?

Check out Pooja Jain’s article on “The Declining Dollar Reign” that delves deeper into these questions and tries to answer how India is taking steps to reduce its reliance on the dollar and become a more prominent player in global trade.