Sec. Bessent: ‘There Are Lot of Things I Worry About, the Rupee Becoming the Reserve Currency Isn’t One of Them’

‘I think the rupee is near an all-time low versus the U.S. dollar’

EXCERPT:

BARTIROMO: “Do you worry that India is going to set trade in the rupee, and they'll do the trade with the rupee currency with the BRIC nations instead of the U.S. dollar?”
BESSENT: “There are a lot of things I worry about. The rupee becoming a reserve currency isn't one of them.”

 

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