De-dollarization: India, Indonesia to use national currencies in bilateral trade
India and Indonesia sign deal to use their local currencies in bilateral trade, ditching the US dollar.
Source: presstv.ir
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India and Indonesia sign deal to use their local currencies in bilateral trade, ditching the US dollar.
The grouping is seeking to discover and develop new ideas about how to shake up international affairs and coordinate policies around these ideas.
De-dollarisation basically means reducing the dependence on the US dollar as a medium of exchange or reserve currency.