BBCNEWS Asia Business Report June 4, 2024 01:37:00
The case. if this were to be done though, it could increase the volatility of the country. —— currency. anotherfactor is india's minuscule share of world trade and its trade deficit with most countries. it makes the rupee list acceptable to importers and exporters. the rupee currently accounts for under 2% of the global foreign exchange transactions, versus over 80% for the us dollar. these are still early days but there is clearly a long way to go before the rupee can become a highly tradable, international currency. with the fifa world cup tournament kicking off this week on equal pay fo...
Source: archive.org