Dollarisation

De-dollarisation refers to the replacement of the U.S. dollar by other currencies as the global reserve currency. A reserve currency refers to any currency that is widely used in cross-border transactions and is commonly held as reserves by…

Top officials of the Reserve Bank of India (RBI) reportedly have told a parliamentary panel that cryptocurrency might lead to “dollarisation” of a portion of the economy, which would be detrimental to India’s national interests. According…

NEW DELHI: Cryptocurrencies can lead to "dollarisation" of a part of the economy which would be against India's sovereign interest, top officials of the RBI have told a parliamentary panel, according to sources. Briefing the Parliamentary…

PTI New Delhi, May 15Cryptocurrencies can lead to “dollarisation” of a part of the economy which would be against India’s sovereign interest, top…

Image Source : AP (FILE IMAGE) Cryptos can lead to dollarisation of economy: RBI officials to par panel Cryptocurrencies can lead to "dollarisation" of a part of the economy which would be against India’s sovereign interest, top…

<!-- -->Cryptos can lead to "dollarisation" of economy: RBI officials to parliamentary panelNew Delhi: Cryptocurrencies can lead to "dollarisation" of a part of the economy which would be against India's sovereign interest, top…