衛星社稱，科塔克在新德裏舉行的2023年《印度經濟時報》一個有關企業的活動中稱，“我真的覺得，世界上最大的金融恐怖分子是美元。我們所有的錢都存在賬戶裏，而一旦美國的某個人可能說一句——你明早開始沒法取錢了——你（的賬戶）就被凍住了。這就是儲備貨幣的權力。”
報道提到，科塔克還在活動中表示，現在，世界正“拚命尋找一種替代儲備貨幣”，而印度盧比占據這一位置的時機已成熟，印度應該從建立“一個不依賴於任何人的強大框架”開始行動，而為了實現這一目標，可能至少需要10年的時間才能做好準備。報道稱，科塔克還對歐洲、英國、日本或中國的貨幣取代美元作為儲備貨幣的前景表示懷疑。
科塔克的言論引起關注和爭議，報道稱，他於30日在推特上發文，試圖給自己的言論降調。
“在最近一次關於美元的討論中，我無意中使用了‘金融恐怖分子’這個詞，我想對此糾正一下。我的意思是，儲備貨幣具有不成比例的權力，無論是在往賬、加息500個基點，還是新興國家為了（貨幣的）流動性而持有美元方麵。”
衛星社提到，印度央行2022年推出國際貿易的盧比結算機製。印度央行表示，以盧比結算進出口貨物的發票、支付和結算，是為了促進全球貿易的增長，提高全球貿易界對印度盧比的興趣，推動印度的出口。
Kotak Mahindra Bank MD and CEO Uday Kotak says he inadvertently called USD ‘biggest financial terrorist’, here is what he meant
Uday Kotak (Representative Image)Kotak Mahindra Bank’s MD and CEO, Uday Kotak, made a significant remark against the US dollar on Friday. At a panel discussion for the ET Awards for Corporate Excellence 2023, he referred to the dollar as “the biggest financial terrorist in the world.”
He said, “all our money is in nostro accounts and somebody in the US can say- you cannot withdraw it from tomorrow morning- and you are stuck. That is the power of the reserve currency. I think we are at a crucial time in the world history where the world is desperately looking for an alternative reserve currency.”
He contrasted this dire condition with the current situation, in which the world is frantically searching for an alternative reserve currency, and emphasized a significant, once-in-a-hundred-years, chance for India to become the world’s reserve currency by using the Indian Rupee.
“I don’t think Europe can make their currency the reserve, because it is the disunited states of Europe. I don’t think UK or Japan have the heft to be taking that position, though both the British Pound and the Yen are free currencies. China, I think, has a major issue of trust with many many countries around the world,” he said.
Kotak continued by outlining the conditions that India must meet in order to establish the rupee as a reserve currency. He said, “It is a long, sustained walk and run,” noting that the nation “must create strong institutions.” It must provide a solid foundation that is independent of everyone’s whims and inclinations. India must be believed, he affirmed.
However, within 24 hours, Kotak corrected himself.
In a tweet, he said, “What I meant was that a reserve currency has disproportionate power, whether it is nostro account, 500 bps rate increase, or emerging countries holding $ for liquidity.”
Note: Report updated with his clarification tweet.
