Death of Dollar ?? De-Dollarisation | Vivek Bajaj
Dedollarisation is all about removing this dominance of the US dollar in global markets. In this video, I, Vivek Bajaj will help you explore the potential end of the dollar's dominance and its impact on India. There has been various news that suggests the dollar's reign as the world's top currency may be ending.
To read the document that I have used in the video, visit: https://bit.ly/vb-dedollarisation
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Vivek Bajaj co-founded Kredent Infoedge, an enterprise involved in simplifying finance for everyone. He has over 15 years of experience in the financial market. He is a chartered accountant and company secretary and has an MBA from IIM Indore. He began his career as an analyst and created one of the largest derivatives trading desks in eastern India with over 150 traders and one of Mumbai's top algo trading desks. He is passionate about data, technology, and education. For the last eight years, he has empowered people with the proper learning and analytics in finance through his online ventures elearnmarkets.com and StockEdge.
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00:00 - Dedollarisation
00:17 - How did Dollar become the world's dominant currency?
01:36 - The need for Dedollarisation
03:30 - What is Dedollarisation?
03:56 - Shift dominance for international payment gateways
07:27 - Advantage of Dedollarisation
09:17 - Disadvantage of Dedollarisation
09:49 - Is India trying to Dedollarise?
13:33 - Impact of Dedollarisation on Rupee
15:40 - Wrap up