It’s not just China India is now pushing a de-dollarization narrative by touting the use of the rupee for trade

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India's Prime Minister Narendra Modi waves at the crowd during a ceremony to celebrate country's 73rd Independence Day, which marks the of the end of British colonial rule, at the Red Fort in New Delhi on August 15, 2019. Indian Prime Minister Narendra Modi is pushing for greater use of the rupee globally.Prakash Singh/AFP/Getty Images India's pushing to internationalize the Indian rupee, according to a report from its central bank. Countries globally are lining up alternative currencies for trade amid the de-dollarization discourse. But the US dollar still accounts for almost 90% of global foreign currency transactions. It's not just...