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    feld (feld@bikeshed.party)'s status on Tuesday, 18-Jul-2023 21:55:21 JSTfeldfeld
    India And UAE Agree To Trade In Local Currencies, Reducing Dependence On USD

    https://www.ibtimes.com/india-uae-sign-pact-trade-local-currencies-reducing-dependence-dollar-3705440

    They keep saying de-dollarization isn't happening but it keeps happening
    In conversationTuesday, 18-Jul-2023 21:55:21 JST from bikeshed.partypermalink

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      India And UAE Agree To Trade In Local Currencies, Reducing Dependence On USD
      "Implementing an INR-based international trade settlement mechanism can enhance India's trade with dollar-shortage countries, stabilize the INR against the USD and promote its acceptance as a regional/global currency," Kumar told IBT.
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