India-Indonesia’s Big De-dollarisation Move Beneath The BrahMos Deal | What Is LCT Framework? | FP
The $630 million BrahMos missile deal between India and Indonesia is the talking point. But buried inside the joint statement is India and Indonesia’s move to trade directly in rupees and rupiah, cutting the US dollar out of a trade relationship worth billions of dollars.Are BRICS members quietly building a LCT framework? Watch to know more!
00:00 - Beyond the BrahMos Deal: India-Indonesia's Financial Move
00:55 - Understanding the Local Currency Transaction (LCT) Framework
02:00 - How LCT Works for Traders in Practice
02:42 - India's De-dollarisation Blueprint: UAE to Southeast Asia
03:35 - The Geopolitical Race: India vs. China in Indonesia
04:27 - The Broader BRICS Trend and Global Impact
05:09 - Challenges and the Future of Asian Currencies
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India Indonesia | De-dollarisation | BrahMos Deal | LCT Framework | BRICS | Rupee-Rupiah Trade | Narendra Modi | Prabowo Subianto | Geopolitics | Firstpost
#india #indonesia #dedollarisation #brics #brahmos #lct #rupee #rupiah#geopolitics #firstpost
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