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🔍Why does RBI want a hedge against dollar reliance, but not push for de-dollarisation?

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The Indian Express Why does RBI want a hedge against dollar reliance, but not push for de-dollarisation? India is wary of over-dependence on the dollar. So, the RBI has increased gold purchases. To partially de-risk its trade ties, India is pushing for trade in domestic currencies. Here’s what to know
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