India is making significant moves to decrease its reliance on the US dollar, especially as recent tariffs from the US put pressure on its currency and trade.
This week, the central bank introduced new strategies to encourage the global use of the Indian rupee. This initiative aligns with similar efforts by countries like China and others in the region, aiming to promote their currencies during ongoing trade uncertainties. However, experts warn that the journey to making the rupee a more internationally recognized currency is not without its difficulties.
