SEEMS LIKE YOUR FORECAST ON US DOLLAR BEING A RESERVE CURRENCY. ERGO GOING HIGHER IS STILL IN THE CARDS??
SEEMS LIKE YOUR FORECAST ON US DOLLAR BEING A RESERVE CURRENCY. ERGO GOING HIGHER IS STILL IN THE CARDS??
Ergo, eh? Well, when the Indian Rupee is now going global as 18 countries have agreed to trade in Rupee we need to take note. Also, Saudi Arabia is dealing with China. China dealing with Russia in Yuan’s …etc. NOTE: The world is trying to de-Dollarize the international market amid a global economic slowdown and India and China is turning this into an opportunity. This may not work in the short run….but….stay alert. More under US dollar item.