Editorial with Sujit Nair: Will Indian Rupee Replace US Dollar?

The US dollar, Euro, Japanese Yen, British Pound, and to a lesser extent the Chinese Yuan currently hold the distinction of being an international currency. India has taken a significant step toward achieving this status for the rupee. But what does it mean for a currency to be international and why is India making this move? What are the risks involved? In this episode of the Editorial our Managing Editor Mr Sujit Nair shares his take on the matter Learn more about your ad choices. Visit megaphone.fm/adchoices