India Takes a Bold Step After Trump’s Tariffs, RBI Makes a Big Decision, Dollar to Face Major Challenge

After President Trump’s 50% tariff came into effect, India has made another major decision. By allowing trade with BRICS countries in rupees, India has taken a bold step. This move could pose a challenge to the dominance of the American dollar (Rupee Against US Dollar). Following this decision, the Reserve Bank of India has instructed banks to open Vostro Accounts without prior approval, which will boost trade settlement in rupees. – india pushes rupee trade to challenge dollar dominance through brics.