News / Author / Jamal Mecklai

Jamal Mecklai

Jamal Mecklai

Articles by Jamal Mecklai

De-dollarisation was natural, but Trump will accelerate it

The share of the dollar in global central bank foreign currency assets has been falling steadily

Published on Mar 31, 2025 07:25 pm IST

Could Trump as president accelerate de-dollarisation?

A teller shows US dollar bills at an exchange office at the Grand Bazaar in Istanbul on November 28, 2024. (Photo by Yasin AKGUL / AFP) (AFP)

Updated on Dec 12, 2024 05:00 am IST

The shadow of uncertainty on markets

An electronic ticker displays stock figures in Shanghai, China, on Wednesday, Aug. 7, 2024. The People's Bank of China is potentially getting the respite it's been hoping for from global financial markets, bringing closer a dose of monetary stimulus long awaited by investors and traders. Photographer: Qilai Shen/Bloomberg(Bloomberg)

Published on Aug 10, 2024 04:19 pm IST

Still a long way from rupee globalisation

For the rupee to become more widely accepted globally, the Indian forex market will need to be considerably deeper, more liquid, and certainly more volatile (i.e., less controlled) than it has recently been(AFP)

Published on Apr 04, 2024 09:39 pm IST

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