henryartem

COULD INDIA BE THE SAVIOR OF THE USD’S DOMINANCE?

Long
FX_IDC:USDINR   U.S. Dollar / Indian Rupee
COULD INDIA BE THE SAVIOR OF THE USD’S DOMINANCE?

The BRICS alliance aims to dethrone the US dollar’s global supremacy.
India’s rapidly growing economy has led to speculations about its potential role in this shift.
Despite being a BRICS member, India maintains strong economic ties with the U.S.
In the dynamic landscape of global finance, where the BRICS alliance is sharpening its talons, aiming at the soft underbelly of the US dollar’s supremacy, India emerges as a beacon of hope for the greenback.

While the BRICS coalition might assume they have the unwavering support of all its members in their quest to topple the dollar, India’s economic trajectory and diplomatic allegiances paint a different picture.

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