What Will it Take for the INR to Become a Global Currency? | Open Dialogue | Episode 14 - Pt. 2

After the intriguing conversations of Part 1, tune in to the latest episode of the Open Dialogue podcast . This episode delves further deep into what Internationalisation of Rupee & characteristics of International Currency. This podcast further explores a detailed analysis of Rupee as International Currency - its advantages & disadvantages basis the current scenario. Our speakers will also be seen discussing NRI Rupee Accounts, Convertibility of Rupee and Nostro & Vostro . We also discuss the constant effort of the RBI to keep Indian Rupee stable, Future of INR and the limitations of Chinese Currency compared to other International Currencies. Subscribe & join us in navigating Indian Rupee in the Global Currency Market. Chapters 0:00 - Introduction 2:40 - Characteristics of the Currency 5:01 - INR as International Currency 6:34 - Disadvantages of Rupee 7:50 - NRI Rupee Accounts 8:48 - Convertibility of Rupee 9:16 - Why is the Indian Rupee stable? 16:39 - NOSTRO & VOSTRO 20:11- Limitations of Chinese Currency 26:12 - Future of INR Speakers: Sameer Shetty - President & Head Digital Banking & Transformation, Axis Bank Neeraj Gambhir - Group Executive, Treasury Markets & Wholesale Banking Products, Axis Bank Open Dialogue: The aim of Open Dialogue by Axis Bank is to bring to the fore nuanced and insightful discussions on macroeconomics and market-oriented subjects. SUBSCRIBE TO US -►    / @axisopendialogue   Download Axis Bank App: https://play.google.com/store/apps/de... For more informative videos and discussion on important topics related to Banking, finance & economics: LinkedIn -   / axis-bank   Instagram -   / axisopendialogue   Facebook -   / axisbank   Twitter - https://x.com/AxisBank Copyright: ©Axis Bank Limited [2024]. All rights reserved. This video and all other videos in this channel are protected by copyright law and may not be used or reproduced without the express written permission of the copyright owner. STATUTORY DISCLAIMER: By accessing this video podcast “Podcast”, I acknowledge that Axis Bank Limited and its subsidiaries ("AXIS BANK") makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, AXIS BANK does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. Moreover, AXIS BANK makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties. AXIS BANK EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST INFORMATION PRESENTED IN THIS PODCAST