Trump Threatens Tariffs on BRICS: India's Firm Stance Against De-Dollarization
India remains firm in its decision not to pursue de-dollarization despite pressure from BRICS and threats from Trump. Faced with both economic and geopolitical considerations, Finance Minister Nirmala Sitharaman and RBI Governor Shaktikanta Das emphasize India's strategy of cautiously maintaining its reliance on the US dollar while engaging in bilateral trade using local currencies.