India's stock market experienced a surge, with the SENSEX increasing by 2000 points, resulting in a 3% increase. This spike in the market has generated $16 billion in profits for foreign holders, with Singapore potentially gaining the most from this increase. The rise of regional currencies and the growing BRICS alliance pose a threat to the US economy and the USD. ASEAN countries, including Singapore, are promoting the use of regional currencies and considering moving away from the USD. The Indian Rupee has strengthened against the USD, and Singapore has expanded its ownership in the Indian finance market, potentially bypassing the USD in terms of popularity and global market repute [802724b8].