Think School's video: Why is the Indian Rupee in Danger : Geopolitical case study

⭐️ Think School’s flagship Communication course with an exclusive workshop on Chat GPT included: https://thethinkschool.com/sp/communication-masterclass/ VIDEO INTRODUCTION: On 11th of July 2022, the Reserve Bank of India a made very very bold announcement whereby domestic traders could settle their imports and exports with Indian Rupees!! This was a very very big deal because India could trade directly with Russia without depending on the American banks!! So in spite of the rising oil prices, we could buy discounted oil from Russia in Indian Rupees. and as citizens of India, we were delighted to see this because we saw this as a gesture of India bravely standing against the West and a giant leap to take the Indian Ruppe Global!!! But exactly 1 year later, there is something unpleasant that came to our notice!! Turns out this strategy has failed to an extent where Now Indian traders are buying Russian oil not just with dollars and dhiram but even with the Chinese Yuan!! Yes, you heard that right, Indian Oil Corp which is India’s biggest buyer of Russian crude oil, became the first state refiner to pay for some Russian purchases in yuan. and At least two of India’s three private refiners are also paying for Russian imports in yuan. and as much as it is important to appreciate and celebrate the good moves by India, it is equally important to follow up on them and see if there is a tangible output coming out it!!! Think School is a Digital School that we all deserved, but never had ►►Check out Think School's Online courses: https://www.thethinkschool.com ✔️The playlist mentioned in the video: https://youtu.be/t8FunWBwmqg?feature=shared https://youtu.be/cW6_C7mqQYY?feature=shared https://youtu.be/icjoSeNEOx0?feature=shared https://youtu.be/0PluOhrvB3A?feature=shared ⬇️Our Top 2022 Playlist Geopolitics: India is Trapping China - https://youtu.be/I7vz7Ym82_4 Oil Giants Crushing Europe - https://youtu.be/aGVtLubW9q0 Israel’s Secret Strategies - https://youtu.be/ec9Nwka9kBg China vs India Military Strategy in Ladakh - https://youtu.be/tTlwfnZAdQk Upcoming US Recession Affects Indian Economy - https://youtu.be/HofmLFn6MTo Best of Business: 1. Asian paints - https://youtu.be/jGT6ob8hV6M 2. Amul - https://youtu.be/nnwqtZiYMxQ 3. Haldiram - https://youtu.be/Z7P-t_yc8gE 4. Malboro - https://youtu.be/6-tS7-IhCbI 5. Lijjat Papad - https://youtu.be/EdpoEmifW7M ►Books Everyone should read: 1. Sapiens: https://amzn.to/3wIqqtG 2.Jab Jab Jab Right Hook: https://amzn.to/3eb36ym 3.Presuasion: https://amzn.to/3nF4Xi8 4.Start with why: https://amzn.to/2R7UHCW 5. Culture code: https://amzn.to/3tfaxsZ 6. Hooked: https://amzn.to/2R9G9CM 7. I will teach you to be rich: https://amzn.to/3AUDLSO 8. From Third world to First: https://amzn.to/3yQSjAV 9. This is Marketing: https://amzn.to/334VNlL 🎧 Want to buy the equipment we use? 1. Our Laptop: https://amzn.to/3z66odv 2. Our Mic: https://amzn.to/3liQQyi 3. Camera Stand: https://amzn.to/3z8l3ov 4. Mobile holder for stand: https://amzn.to/3xgCF25 5. Laptop: https://amzn.to/3gMYXRi Currency war play list https://youtu.be/t8FunWBwmqg?feature=shared https://youtu.be/cW6_C7mqQYY?feature=shared https://youtu.be/icjoSeNEOx0?feature=shared https://youtu.be/0PluOhrvB3A?feature=shared ✅Study Materials: https://thediplomat.com/2023/05/end-of-the-road-for-india-and-russias-rupee-ruble-trade/ https://businessindia.co/magazine/russias-rupee-problem https://www.outlookindia.com/business/rupee-as-global-currency-what-is-stopping-india--news-292696 https://www.businessinsider.in/policy/economy/news/russia-doesnt-know-what-to-do-with-the-1-billion-in-rupees-it-is-amassing-in-india-each-month/articleshow/100676904.cms ✅To support our work you can donate here: https://www.instamojo.com/@thinkschool