Posted 10/16/2023, 7:50:00 AM
BRICS Countries Take Action to Defend Currencies Against US Dollar
- India accused of dumping billions of dollars to prop up the Rupee currency
- Forex traders puzzled by India's intervention in currency markets to defend the Rupee
- India not the only BRICS country trying to boost local currency - China also placing curbs on US dollar trading
- Japan looking at ways to defend the Yen against the US dollar as well
- BRICS posing a broader challenge to dollar dominance in various sectors
