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Indian rupee to be the major reserve currency that will be traded internationally

Read this...Indian rupee to be the major reserve currency that will be traded internationally: Britain's ministry of defence

The times of India is as credible for Indian specific agenda as the guy who drives me to my office and tells me all about what's going on in the world.
But I'd agree with the basic idea, the Chinese and the Indian currencies will dominate the world over the next 30 years. I can't imagine how the economies will shift so much that the Dollar will disappear (lol), but the Indian currency will have its own place like the Chinese currency does or the Japanese currency does or the Euro does.

But hats off to India for electing the person they did who really have a good forward focus on their economy. As an individual and his role with the nationalist parties, I and many others don't like him. But clearly, he's running forward to meet his people's expectations by taking his country forward economically and military wise, and that's what matters the most.
 
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The Indian Rupee and Chinese Renminbi (RMB) must replace the US dollar as international currency, to defeat the West economically. This should happen by the end of the next decade.
Easier said than done. I mean it sounds almost sarcastic that those currencies would challenge US whose own reserves are 70-85% denominated in US Dollar.
Similar was said about Euro, but it failed to do so. RMB and INR may become internationalize but they would never be able to replace USD even jointly let alone one of them doing so..
 
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Easier said than done. I mean it sounds almost sarcastic that those currencies would challenge US whose own reserves are 70-85% denominated in US Dollar.
Similar was said about Euro, but it failed to do so. RMB and INR may become internationalize but they would never be able to replace USD even jointly let alone one of them doing so..
Only time will tell. But this ain't going to happen before 2040 or so.
 
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