Former RBI Deputy Governor Thorat On Internationalization of Rupee

The video discusses India's economic growth and its efforts to increase its share in global trade. It highlights the challenges India faces, such as partial capital account convertibility and a low share of global trade. The video also explores India's attempts to internationalize the Indian Rupee and the potential impact on de-dollarization. Comparisons are made with China's currency internationalization efforts. The discussion extends to financial stability in emerging markets, emphasizing the importance of foreign exchange reserves and capital controls.

What challenges does India face in its efforts to internationalize the Indian Rupee?

How does the situation of China differ from India in terms of currency internationalization?

What role do foreign exchange reserves play for emerging market countries like India?