Despite growing calls for de-dollarization, JPMorgan’s Joyce Chang argues that the US dollar’s dominance remains strong, supported by robust financial systems. However, she highlights emerging trends like diversification in commodity markets and the rise of digital payment systems as potential threats to the dollar’s long-term hegemony.
Reserve Bank of India (RBI) Governor Shaktikanta Das has been awarded an ‘A’ grade in the Global Finance Central Banker Report Cards 2024, marking his second consecutive year receiving a positive rating. Prime Minister Narendra Modi congratulated Das for his achievement, highlighting his leadership and contributions to economic growth and stability.
