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Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ - Foreign Affairs (5) - Nairaland

Nairaland ForumNairaland GeneralPoliticsForeign AffairsDollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ (32588 Views)

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Re: Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ by Lexusgs430: 11:27am On Aug 27, 2023
Regex:
BRICS don't have to do much as USA is already ruining herself by herself.
We are watching........😆😜
Re: Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ by Regex: 11:33am On Aug 27, 2023
Lexusgs430:
We are watching........😆😜
I've got my eyes on the news.
Re: Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ by Leebeedo(m): 11:45am On Aug 27, 2023
maasoap:
Is this a real fact or the one you just pulled out of your ass?
Real fact! https://iwatchafrica.org/2019/01/22/factcheck-is-californias-gdp-larger-than-that-of-africas-combined/#:~:text=iWatch%20Africa%20assessment%20of%20recently,all%20African%20countries%20put%20together

On a good day, I wouldn't answer you but I want you to learn and be respectful to others
Re: Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ by IamtheTruth1(m): 11:51am On Aug 27, 2023
AllenSpencer:
🤣🤣🤣🤣🤣


Russia did same and we all know where the Ruble at now!

It’s just a matter of time!

India should dump the dollar as their reserve currency and I will take them serious. 🤣🤣🤣🤣
I thought CNN said the sanctions were affecting Russia? 😂
Re: Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ by grandstar(m): 12:02pm On Aug 27, 2023
Should some crude oil be sold in Naira? It could strengthen the Naira but most especially stabilise the currency.

It should not be done to vex the West.
Re: Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ by adabaraabdul: 12:05pm On Aug 27, 2023
with the new entries into BRICS, its normal. Nigeria should apply to join BRICS. Dollarization of the economy is killing us.
Re: Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ by Truthday: 12:05pm On Aug 27, 2023
jaxxy:
UAE doesn't use rupees and don't need it unless it can be changed to dollars.
Ruppes can be used to buy goods from India, India is world fifth largest economy, it's domestic goods would be needed in UAE, it can also be used as settlement of payment for millions of Indian migrants in UAE
Re: Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ by Gandrova: 12:05pm On Aug 27, 2023
AllenSpencer:
🤣🤣🤣🤣🤣


Russia did same and we all know where the Ruble at now!

It’s just a matter of time!

India should dump the dollar as their reserve currency and I will take them serious. 🤣🤣🤣🤣
If you don't know, Russia has the strongest economy presently in the world despite the sanction against her.
You should give them kudos for taking such a bold step don't be a clown.
Re: Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ by Gandrova: 12:08pm On Aug 27, 2023
ecolime:
Good one. I've always supported trading in local currencies.

Nevertheless, it won't still scratch the value of the dollar. The US exports more than they import so na the balance of payment be the koko.

There is a reason why Pounds sterling GBP is strong like a rock despite not being used as the major world settlement currency like the USD.

As long as the US stay ahead of others in innovations, technologies, etc. they have nothing to worry.

A country that owns and hosts Apple, Google, Microsoft, Oracle, Boeing, GE, Amazon, Tesla, etc and you think their currency will just fall yakata?

Just dey play
It is not about falling, other countries shouldn't over depend on Dollars for transaction.
Re: Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ by jaxxy(m): 12:16pm On Aug 27, 2023
Truthday:
Ruppes can be used to buy goods from India, India is world fifth largest economy, it's domestic goods would be needed in UAE, it can also be used as settlement of payment for millions of Indian migrants in UAE
sadly for the rupee the us economy which uses the dollar is the world's largest economy. u cannot discard it like its the naira.

many people don't have business with India. However everybody needs America or Europe.
Re: Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ by Positivepoint(m): 12:18pm On Aug 27, 2023
AllenSpencer:
🤣🤣🤣🤣🤣


Russia did same and we all know where the Ruble at now!

It’s just a matter of time!

India should dump the dollar as their reserve currency and I will take them serious. 🤣🤣🤣🤣
Well yes but remember Russia doesn't trade in dollar or Euro anymore.
Re: Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ by Mccullum:
ecolime:
Good one. I've always supported trading in local currencies.

Nevertheless, it won't still scratch the value of the dollar. The US exports more than they import so na the balance of payment be the koko.

There is a reason why Pounds sterling GBP is strong like a rock despite not being used as the major world settlement currency like the USD.

As long as the US stay ahead of others in innovations, technologies, etc. they have nothing to worry.

A country that owns and hosts Apple, Google, Microsoft, Oracle, Boeing, GE, Amazon, Tesla, etc and you think their currency will just fall yakata?

Just dey play
There are many issues ahead to worry about. Actually, it may not affect the value of dollar on exchange rate, but it'll affect the benefits of using it for business transactions globally due to the gains US benefitting in expenditure and incomes from printing of dollars.

This will affected US as one of her major source of income to its treasury that is now under threats of breaking the dominancy of dollars that is popular knows as de-dollarisation.
Re: Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ by anonymous1759(m): 12:22pm On Aug 27, 2023
Bluntemperor:
Really?
TRUTH hurts, you know it.
The same way you will not Accept Elections- losses in your Area or Regions.
Principles of Life- is live and let live, and do to others as you will like them to do unto you!
Enjoy your Sunday, buddy!
What yeye truth? What Made you feel some set of people are the custodian of truth? And should tell you what’s truth and lies ?
From your quote I Knew you’re irredeemable to western propaganda but I hope one day your eyes will be open .
The only reason the west is fighting for unipolar polar world is to conceal the truth and freedom.
Watch how Saudi Arabia the western formal bride will turn to the devil over night for daring to trade outside the USD$. This is the little assignment I’m giving you just observe what the western media will start saying about them . It’s now you’ll realize Saudi Arabia is not a democratic country but all these long they were romancing they’re democratic in the eyes of the west .

Every country should practice what system of government that favors them . The west mustn’t impose democracy for all .
The only reason the west supports democracy is because they can easily get hold of your country through it .
But I can still tell you the same west supports Autocracy or monarchy if it favors them .
All countries should trade with any currency they wish to without fear and threat from the west that’s what democracy is all about .
Re: Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ by JetApartment: 12:23pm On Aug 27, 2023
AllenSpencer:
🤣🤣🤣🤣🤣


Russia did same and we all know where the Ruble at now!

It’s just a matter of time!

India should dump the dollar as their reserve currency and I will take them serious. 🤣🤣🤣🤣
You are proudly ignorant.

"Russians got richer last year even as the war in Ukraine raged on, while the US and Europe lost trillions of dollars, UBS reported".

https://www.businessinsider.com/war-in-ukraine-russia-richer-millionaires-billionaires-uhnw-wealth-ubs-2023-8?international=true&r=US&IR=T

How can you be so ignorant yet proudly display your ignorance in public? it would have been better if you just shut your mouth and let intelligent people speak...olodo.

Re: Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ by naijamerican: 12:25pm On Aug 27, 2023
FuckTheMod:
Beautiful!
This real and right trading.
Not trading over useless and USA-worth-attached papers.
THE FALL OF UNITED SNAKES OF AMERICA IS EMINENT.
worry about your useless nigeria and the increasingly worthless naira.
Re: Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ by Nobody: 12:26pm On Aug 27, 2023
AntiChristian:
Let's all dump dollars!
How do both countries exchange their currency without the dollar?Dollar is the global acceptable currency as a means of exchange.
Re: Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ by infofta(m): 12:30pm On Aug 27, 2023
The role US is playing as the Police of the World has no value to most people until US hands up then una go see flames.

Big countries will invade and take over smaller ones and Islamic Terrorists and their ideology will be forced on people. Go back to history you will realize the democracy of the West and US supremacy has stabilized the World to a very large extent.
Re: Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ by Bigchristo: 12:31pm On Aug 27, 2023
AImiron:
Source
Same thing Russia requested that if the European wants to buy their oil and natural gas they should pay In rubbles instead of dollars all hair let lose and some stupid Nigerians were defending this act who set dollar as the official currency to purchase crude oil at the first place?
Re: Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ by oriakuuzoma: 1:04pm On Aug 27, 2023
Niger
Re: Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ by HoneySwag(f): 1:23pm On Aug 27, 2023
ecolime:
Good one. I've always supported trading in local currencies.

Nevertheless, it won't still scratch the value of the dollar. The US exports more than they import so na the balance of payment be the koko.

There is a reason why Pounds sterling GBP is strong like a rock despite not being used as the major world settlement currency like the USD.

As long as the US stay ahead of others in innovations, technologies, etc. they have nothing to worry.

A country that owns and hosts Apple, Google, Microsoft, Oracle, Boeing, GE, Amazon, Tesla, etc and you think their currency will just fall yakata?

Just dey play
Dollar has lost its value, it's a gradual process before it will finally diminish in worth.
America isn't the only innovative or technologically advanced nation, there are other nations like China, Russia, Israel, etc one day those countries will emerge to become world power... It's only a matter of time!
Re: Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ by Karen2024(f): 1:36pm On Aug 27, 2023
itsene:
Let us face our own economic issues here and stop sponsoring other countries ' s stories.
Then go back to a domestic section. Or did you just lost your way here or you forgot that this is foreign sectional?
Re: Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ by Validated: 1:54pm On Aug 27, 2023
AllenSpencer:
🤣🤣🤣🤣🤣


Russia did same and we all know where the Ruble at now!

It’s just a matter of time!

India should dump the dollar as their reserve currency and I will take them serious. 🤣🤣🤣🤣
God bless you. India pays UAE in Ruppees at the $ equivalencd, then UAE uses the Ruppe to buy $, what changed? NOTHING lol
Re: Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ by Dreamhighnow(m):
Blake755:
That was why Gaddafi proposed one African currency and the killed him
Oga his african friends (other presidents) didn't listen to him

African is Africa problem. Reason others super power able to manipulate us. If you think african is leaving west. They are already romancing Russia and China and those will do worst than west as time goes by. Can't we build on our own. Must we look for another super power

Every super power nation has its own selfish interest and use Africa as pawn
Re: Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ by Karen2024(f): 2:20pm On Aug 27, 2023
nedekid:
I did not solicit your correction, besides what makes you feel you are correct and I am wrong? In which case don't you think your first statement applies more to you?
Anyway, make your comment and pass, unless solicited you correction is unnecessary.
you are a fool! you don't have to solicit for your dullness to be pointed at you.
Re: Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ by Bfly: 2:36pm On Aug 27, 2023
Let's dump dollar for good.
Re: Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ by obedience4(m): 2:39pm On Aug 27, 2023
Winters23:
China is ahead of usa in most of these things you idolise yet they don't make noise about it
Tell us China alternatives for the companies he listed
Re: Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ by Blake755: 2:42pm On Aug 27, 2023
Dreamhighnow:
Oga his african friends (other presidents) didn't listen to him

African is Africa problem. Reason others super power able to manipulate us. If you think african is leaving west. They are already romancing Russia and China and those will do worst than west as time goes by. Can't we build on our own. Must we look for another super power
Too sad from frying pan to fire
Re: Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ by NzogbuNzogbu: 2:44pm On Aug 27, 2023
bowee4u:
The world is seeing the raise of a new global order, the one world government, the government of the lawless one, America will have to loss the global power to emerging new powers, a world that will not be controlled by any country but united nations.
sure it's all planned out, it was the UN through its WHO arm that shut the entire world in covid plandemic.

I really laugh at these naive ones, was it not China they used in staging the hoax for validity
Re: Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ by Winters23: 2:45pm On Aug 27, 2023
obedience4:
Tell us China alternatives for the companies he listed
It's not my job to cure anyone's ignorance.
Re: Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ by tunsho4u(m): 2:53pm On Aug 27, 2023
cenaman:
Which country will accept naira?
China offered Nigeria this kind of opportunity some years back....
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