Commodity Bloc Vs Currency Bloc
US-led dollar bloc uses policy tightening to hit back at commodity producers led by Russia. Indian economy feels the heat.
US-led dollar bloc uses policy tightening to hit back at commodity producers led by Russia. Indian economy feels the heat.
Prices have plunged around 45% from the March 2022 peak to around $2,400 per tonne, driven by Chinese lockdowns and easing supply concerns.