India has been attempting to internationalise the rupee for a long time. Nowadays, currencies like the US dollar, Euro, Japanese yen, British pound, and to a lesser extent, the Chinese yuan can claim to be a global reserve currency. But, recent reports suggest that India has made tremendous progress towards giving the rupee this status.
It is the beginning of a new era and also the end of another, namely the US dollar dominance in world trade, starting with
