Professor Eichengreen is among the very best authorities in the world on this subject. For eight decades, the dollar’s position at the centre of the global financial system has been treated almost as a given. That assumption is now being tested. Professor Eichengreen has argued that a dollar crisis triggered by American policy itself can no longer be ruled out, and that preserving the dollar’s reserve status would require financial stability, fewer tariffs and stronger geopolitical alliances.
For Indian CEOs and CFOs, this is far from an academic debate. Any meaningful shift in dollar dominance would have crucial implications for trade, capital flows, borrowing costs, currency exposure and investment decisions.
Professor Eichengreen will discuss how real the threat to dollar supremacy is, how far the process may already have travelled and what businesses should be thinking about as the global monetary order evolves.