BRICS’ India Officially Rejects Idea Of Replacing Dollar With Yuan

Quick Summary:

India rejects China’s push to replace the US dollar with the yuan at the SCO 2024 summit.

China and Russia promote local currencies for trade, but India sticks to the dollar.

India’s stance could significantly impact global trade and currency dynamics.

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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: IndiaChinaKazakhstan

Topics: Yuan Idea Officially Rejects Latest News Dollar News BRICS Replacing

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-05 @ 10:48:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 321 words

Reading Time: 2 minutes read

Sentences: 28 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 21491724

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Official Website: bitcoinworld.co.in

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News Last Updated: 11 hours ago

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