Currency Diversification News Today

Reserve Bank of India Executive Director Radha Shyam Ratho has commented that internationalisation of rupee is the natural step forward. ​"As such, the time is ripe to explore various measures required to internationalise the Indian rupee to further the broader aspect of Aatmanirbhar Bharat," Ratho said at the Banking and Finance Summit organised by the CII.

Sanctions on Russia have sparked conversation about the decline of the dollar but the real threat to the global currency system is potential US sanctions on China.