US President-elect Donald Trump has threatened to impose tariff barriers on BRICS countries, including India. Will it impact our exports?
Das: With regard to de-dollarisation, etc., we have not taken any step which specifically wants to de-dollarise. All that we have done is that we have permitted opening of vostro accounts, and have entered into agreements with a couple of countries to conduct local currency-denominated trade. That is basically to de-risk Indian trade. Dependence on one currency can be problematic at times because of appreciation or depreciation. De-dollarisation is certainly not our objective and is not on the table.
Why did growth estimate for Q2 come much below RBI's projections?
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