RBI's Approach To De Dollarization And Diversifying Risks | Know In Detail

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RBI's Approach To De Dollarization And Diversifying Risks | Know In Detail, In this video, we dive deep into the Reserve Bank of India's (RBI) approach to de-dollarization and its strategies to diversify risks in the Indian economy. With the global financial landscape evolving, the RBI has been taking steps to reduce dependence on the US dollar in international trade and foreign reserves. We explore how the RBI is implementing measures like promoting the use of local currencies for cross-border transactions, increasing gold reserves, and investing in non-dollar assets to safeguard India's financial stability.

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