India is also involved in attacks against dollar

India also joined the group of countries calling for limiting the role of the U.S. dollar. Thus all representatives of the Brick (Brazil, Russia, India and China) in one form or another razkririkuvat role of green money.

Opinion of the Economic Advisor to the Prime Minister of India Manmohan Singh calls on the government to diversify the portfolio of foreign reserves of the country. At present it amounts to 265 billion dollars, most of them are in dollar assets.

„Most of India’s reserves are in dollars – this is something that is a problem for us“ said Suresh Tendulkar wizard, cited by Bloomberg.

It is expected that the future of the U.S. dollar to be discussed at the next meeting of the leaders of the G-8, that part will be representatives of key countries in the developing world.

As a result, the position expressed by India, all of Brick are made limiting the role of the dollar. In recent weeks, Russia, Brazil and China signed a series of bilateral agreements on trade between them using their own currencies rather than U.S. dollar.

Finance

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