However, India’s Reserve Bank Governor, Shaktikanta Das, clarified that India is not pursuing de-dollarisation but rather focusing on minimising risks from geopolitical changes.
Referring to former President Joe Biden’s earlier concerns about the US’s vulnerability in this matter, Trump asserted, “No, we have them over a barrel.
While Trump denied that his comments were a threat, he made it clear that the US would leverage its economic power to counter any move away from the dollar.
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