What will it take for the INR to become a global currency?
Manage episode 445385614 series 3521827
After the intriguing conversations of Part 1, tune in to the latest episode of the Open Dialogue podcast . This episode delves further deep into what Internationalisation of Rupee & characteristics of International Currency. This podcast further explores a detailed analysis of Rupee as International Currency - its advantages & disadvantages basis the current scenario. Our speakers will also be seen discussing NRI Rupee Accounts, Convertibility of Rupee and Nostro & Vostro . We also discuss the constant effort of the RBI to keep Indian Rupee stable, Future of INR and the limitations of Chinese Currency compared to other International Currencies. Subscribe & join us in navigating Indian Rupee in the Global Currency Market. Chapters 0:00 - Introduction 2:40 - Characteristics of the Currency 5:01 - INR as International Currency 6:34 - Disadvantages of Rupee 7:50 - NRI Rupee Accounts 8:48 - Convertibility of Rupee 9:16 - Why is the Indian Rupee stable? 16:39 - NOSTRO & VOSTRO 20:11- Limitations of Chinese Currency 26:12 - Future of INR Speakers: Sameer Shetty - President & Head Digital Banking & Transformation, Axis Bank Neeraj Gambhir - Group Executive, Treasury Markets & Wholesale Banking Products, Axis Bank Open Dialogue: The aim of Open Dialogue by Axis Bank is to bring to the fore nuanced and insightful discussions on macroeconomics and market-oriented subjects. SUBSCRIBE TO US -► / @axisopendialogue Download Axis Bank App: https://play.google.com/store/apps/de... For more informative videos and discussion on important topics related to Banking, finance & economics: LinkedIn - / axis-bank Instagram - / axisopendialogue Facebook - / axisbank Twitter - https://x.com/AxisBank
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