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If BRICS shifts away from the U.S. dollar, India can lower its foreign exchange risks and reduce reliance on a single currency, boosting trade stability. I am all for it.
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RBI Increases Gold Purchases The Reserve Bank of India has significantly increased its gold purchases, buying 50 tonnes so far in FY25. This move aims to diversify its foreign exchange reserves and mitigate revaluation risks, as part of efforts to m
See MoreInvestor and trader • 1y
Hello everyone , we are creating a platform where people can invest and trade in cryptocurrency. As in India all foreign exchange are banned. And only few indian exchanges are working. Our idea is to create a Indian platform for indian people where t
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Why Israel is attacking Iran? It’s not about nukes. That’s just the excuse. The real reason? Oil and the U.S. dollar. Iran sells oil cheap — up to 30% below market — and doesn’t use dollars. This threatens the petrodollar system, where global oil mu
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Amidst rising trade tensions, U.S. President Donald Trump reportedly urged Apple CEO Tim Cook to halt manufacturing expansion in India. According to Bloomberg, Trump stated, 'We are not interested in you building in India. India can take care of th
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Apple plans to shift all U.S.-bound iPhone production to India, marking a significant move to reduce its reliance on China. This strategic pivot comes as the tech giant seeks to diversify its supply chain amid rising geopolitical tensions and trade u
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