India-Indonesia’s Big De-dollarisation Move Beneath The BrahMos Deal | What Is LCT Framework? | FP

The $630 million BrahMos missile deal between India and Indonesia is the talking point. But buried inside the joint statement is India and Indonesia’s move to trade directly in rupees and rupiah, cutting the US dollar out of a trade relationship worth billions of dollars. Are BRICS members quietly building a LCT framework? Watch to know more! 00:00 - Beyond the BrahMos Deal: India-Indonesia's Financial Move 00:55 - Understanding the Local Currency Transaction (LCT) Framework 02:00 - How LCT Works for Traders in Practice 02:42 - India's De-dollarisation Blueprint: UAE to Southeast Asia 03:35 - The Geopolitical Race: India vs. China in Indonesia 04:27 - The Broader BRICS Trend and Global Impact 05:09 - Challenges and the Future of Asian Currencies --- India Indonesia | De-dollarisation | BrahMos Deal | LCT Framework | BRICS | Rupee-Rupiah Trade | Narendra Modi | Prabowo Subianto | Geopolitics | Firstpost #india #indonesia #dedollarisation #brics #brahmos #lct #rupee #rupiah#geopolitics #firstpost Firstpost is an Indian news and media website. Get all the incisive opinions, in-depth analyses and other visual stories that matter to you and the world right here on this channel. Subscribe to Firstpost channel and press the bell icon to get notified when we go live.    / @firstpost   Follow Firstpost on Website: https://www.firstpost.com Follow Firstpost on Instagram:   / firstpost   Follow Firstpost on Facebook:   / firstpostin   Follow Firstpost on X:   / firstpost   Follow Firstpost on WhatsApp: https://www.whatsapp.com/channel/0029...