我的网站

您当前的位置:主页 > 我的网站国内 >

作者:建乙辛 来源:原创 发布日期:08-25

王子变青蛙

India Launches Rupee-Based Trade to Tackle Forex-Related Issues, Including Western Sanctions: Expert_我的网站

俄罗斯转盘

A |     Sputnik spoke with Professor N.R. Bhanumurthy, a prominent economist and vice-chancellor of the Dr. B.R. Ambedkar School of Economics University, Bengaluru (BASE University), about the decision to allow trade settlements in rupees and its impact.,Sputnik: What prompted the RBI to launch trade settlements in rupees?,Prof. Bhanumurthy: It is mostly to do with managing foreign exchange issues, especially when there are some shocks from the global financial system.,India must have smooth trade settlements since it has been trading with multiple countries.,There was a proposal to raise rupee-denominated bonds outside the country, which is also part of the transition.,So, it has a long-term strategy of the rupee also becoming one of the currencies of the international basket. Right now, we have only five recognized currencies. The latest currency added to the list was China's yuan. So, this is part of India's long-term mission.,Sputnik: Will this step help India resume sanctions-proof trade with countries like Iran, Venezuela, and Russia?,Prof. Bhanumurthy: We already have rupee-denominated trade with Iran, especially oil bills being settled in rupees. The Reserve Bank of India's decision is only to showcase that India is also emerging as a big player in the foreign exchange market.,This is only the beginning of the long process where India would like to see the rupee as one of the international currencies. In the process, all these things — like countries with a problem with foreign exchange reserves, nations with trade sanctions — all these will be taken care of.,In the future, disturbance or volatility in the foreign exchange market will increase, especially what we see in Russia or what we see in China. All those things will start having their own repercussions on the forex markets. So, it's better for India floating its currency-based trade.,Sputnik: Would other countries be interested in trading in national currencies with India?,Prof. Bhanumurthy: Certainly yes, because right now India's trade links are increasing, especially in the service sector; our trading links are expanding in a big way. There will be a much greater increase in the volumes of rupee trade. So if countries start trading through the rupee, business costs will be reduced.,India has signed an agreement with the UAE for rupee-based trade. Venezuela has also expressed interest.,Sputnik: How would this impact trade in the dollar or India's foreign exchange reserves?,Prof. Bhanumurthy: Foreign exchange reserves, which are currently around $600 billion, are not entirely in US dollars. A certain proportion of this is in US dollars, while the amount is also in euros, British pounds, and gold. So, I do not think rupee trade will impact trade volumes in the dollar. Whichever countries do not have a rupee-denominated trade deal with India, they can choose to settle their transactions in dollars. So, the dollar trade is still there.,Some areas where India is a significant trader, e.g. the European Union, and other countries like the UK is one country where we also have good trade relationships, and they are not part of the euro now. So all these things will help in increasing the rupee trade.,However, it does not mean it will negatively impact US dollar trade. They will actually complement each other. 10 years back, India used to settle most of its trade in US dollars. Now it also pays in euros, British pounds, as well as in Japanese yen.,Sputnik: Will it benefit countries in South Asia or other parts of the world facing foreign exchange crises?,Prof. Bhanumurthy: It is possible. Ultimately, every country would like to trade. If the US dollar becomes too expensive, it creates trouble for countries with a forex crisis to trade. In that situation, countries with limited foreign exchange reserves can always explore rupee-denominated trade. That is undoubtedly an area where India can take advantage.,Sputnik: Could India face US anger in some sense?,Prof. Bhanumurthy: I doubt all this can happen. We are sitting with a substantial foreign exchange reserve. If that were the case, China would have faced retaliation long back.,Retaliation options are very limited in forex markets. Productivity is one thing everybody can compete for; the rest is only settlement. Countries can only compete in productivity.,Et Tu? US Steals Most of Australia's Sale to China Amid Trade Row, Finds Study30 November 2021, 08:15 GMT,Sputnik: What should India do to strengthen the chances of making the Indian rupee a global currency?,Prof. Bhanumurthy: Productivity is a significant factor that can boost India's ambition to enhance its rupee-denominated trade. So, we need to keep improving our productivity. Second, India needs to create infrastructure to start having short-term trading in the foreign exchange market. Some countries that trade with the rupee also need to have a kind of transaction in a foreign exchange market.,The exchange rate becomes an important variable for those countries trading in the Indian rupee. So there should be some foreign exchange market institutions, and the Indian Central Bank should also be in a position to address any risk associated with other countries, wherever the rupee foreign exchange reserves are.,Any global currency possesses some characteristics — character India needs to ensure so that the Indian rupee will become a global currency.。    AI摘要      厦门园博苑文旅业态上新,骑行驿站与文创首店开业。园区引入运动休闲与文化消费,打造“公园+”多元场景,推动从传统观光向文商旅融合转型,丰富市民游客微度假体验。

B |               市民游客在园博苑体验骑行逛园。    “以前来园博苑大多是散步赏景,今天跟着骑行队伍穿梭园林,有了新体验。”专程带着孩子前来体验骑行的市民张天瑶告诉记者,骑车吹风逛着公园比走路游览轻松很多,累了还能坐下来喝杯咖啡,很适合周末度假。    22日,厦门园博苑迎来文旅业态“上新”——厦旅文创园博苑首店、LAVELO GO全境骑行厦门首店同步正式开业。文创空间、骑行驿站落地园区,市民游客在逛园赏景之外,解锁运动休闲、文化消费全新玩法,园博苑“公园+”多元体验场景持续丰富。    当天上午,园博苑新加坡园入口处聚集了不少报名参与骑行的市民。骑行队伍沿着园区绿道出发,途经水系、园林景观,在绿荫与花木相伴下完成打卡,最终抵达开业活动现场。不少游客驻足围观,感受园区新鲜氛围。    落地园博苑的LAVELO GO全境骑行是国内领先的骑行文旅平台,目前已布局全国15省33城,累计运营骑咖40余家。此次厦门首店依托园博苑开阔的滨水绿道与成熟的慢行系统,打造“骑行+咖啡+文旅”复合空间,为市民提供亲子骑行、休闲骑游新选择。品牌相关负责人肖剑锋表示,选择园博苑落地厦门首店,正是看好园区得天独厚的自然景观与文旅氛围,希望以骑行作为纽带,把运动、休闲、游园融为一体,把走马观花的游览变成沉浸式户外体验。

C |     不远处,厦旅文创园博苑首店还为游客带来文化消费新选择。这是厦旅文创开出的第一家店,以“园创礼”为核心IP,从园博苑自然生态、古典园林、闽南风情与海洋元素汲取创意灵感,推出一系列文创产品。以往只能欣赏的园林风光,变成可以选购、收藏、带走的特色好物。    作为园博苑“园博焕新·公园梦想家计划”重要落地成果,两大首店同步亮相,推动园区从传统观光游览向多元文商旅融合场景转型。不只新开的两家门店,“它山丨一盏闲堂”等特色门店也陆续投入运营。闽南风情文创空间、现代简约骑咖、中式茶文化空间错落分布在园区各处,不同风格业态互补共生。    “我们引进特色餐饮、文化体验、户外运动等多元业态,不再局限于简单品牌入驻,而是推动品牌与园区场景共创。

D | ”厦门文旅园博苑运营有限公司副总经理赵许聪介绍,园区将持续丰富业态矩阵,吸引更多优质品牌落地,探索城园共生、景商共赢模式,打造适配城市微度假需求的公园文旅新样板,让市民游客在公园之内,拥有更丰富、长链条的休闲体验。(厦门日报记者 吴君宁 文/图)。

Current article:http://shhtpi.guaxiazaopinduan.cfd/6u3kfw/89d.html

Published on:11:41:46


Copyright @ 2016-2018 我的网站 版权所有