Emerging Economies Should Diversify Their Forex Reserves Out Of US Dollars, Says Indian Economist

"The payment settlement method should not be confined to a small number of people and emerging economies should diversify their forex reserves out of US dollars," says an Indian economist who has been watching the developing situation around the globe with a keen eye.

In reaction to Moscow's special military operation in Ukraine at the request of the republics of the Donbass region, the United States and its allies have announced "economic war" on Russia, seeking to break off the $1.7 tr...

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