it's a laughable argument really isn't it ? India is concentrating on being neutral to pretty much the whole world ...EXCEPT China ,(and Pakistan of course) the rest of BRICS hardly count
7 out of the top 10 great economies of the world are western countries and a question mark as to whether russia is in the top ten anymore which would make it 8 out 10 if that were the case . And India is one of those 2 .
The RMB will never be fiat in it's own right unless some miracle happens and all these BRICS countries unoite and raise themselves from mediocrity .