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3232Top Indian Banker Says US Dollar Has ‘Disproportionate Power’ as Reserve Currency; Retracts ‘Biggest Financial Terrorist’ Remark
https://www.digit.info/top-indian-banker-says-us-dollar-has-disproportionate-power-as-reserve-currency-retracts-biggest-financial-terrorist-remark/
Mon, 01 May 2023 12:05:01 +0000https://www.digit.info/2023/05/01/top-indian-banker-says-us-dollar-has-disproportionate-power-as-reserve-currency-retracts-biggest-financial-terrorist-remark/Read more]]>Uday Kotak, the CEO of Kotak Mahindra Bank, a financial institution based in India, recently expressed his view on the dominance of the U.S. dollar in global financial markets. Kotak stated that the U.S. dollar has “disproportionate power” as a reserve currency, retracting his previous statement in which he referred to the currency as the […]