Trading Currencies, Shifting Borders: India's Monetary Policy (Paperback) (ISBN-13: 9798311115858)

This book explores the historical shifts in international vehicle currencies, focusing on the decline of the British Pound, the dominance of the US Dollar, and the potential rise of the Euro and Chinese Renminbi. It examines factors influencing currency dominance, such as inflation, GDP, trade invoicing, and forex reserves. The study assesses how central banks manage foreign exchange interventions and their impact on financial stability. It also evaluates the effectiveness of the Euro and Renminbi as global currencies. Special emphasis is placed on India's monetary policy, analyzing how shifts in currency dominance affect trade and financial strategies, with recommendations for future policy adaptations to global economic trends.

Author: Brij Behari Dave
ISBN-13: 9798311115858
Publisher: Independently Published
Language: English
Published: 02/17/2025
Pages: 166
Format: Paperback
Weight: 0.51lbs
Size: 9.00h x 6.00w x 0.35d