Ghani, Ejaz
Should India pursue active de dollarisation?
- Economic & Political Weekly
- 60(34), Aug 23, 2025: p.26-27
There is a rising global trend towards de-dollarisation, driven by the desire for economic resilience, the quest for financial stability, and a potential end to the dollar dominance. India must manage the immediate paradox of the dollar’s dominance through a pragmatic de-risking strategy at home. Simultaneously, the country must embrace its role as a global leader, working to unite the developing world to build a more distributed, democratic, and just financial order. – Reproduced
https://www.epw.in/journal/2025/34/commentary/should-india-pursue-active-de-dollarisation.html