5 October 2024

Bank of Russia Claims Digital Ruble Issuance Won’t Cause Inflation

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Bank of Russia Claims Digital Ruble Issuance Won't Cause InflationThe Bank of Russia has explained that the launch of the digital ruble, the Russian CBDC, will not affect the state’s mechanisms to control inflation or the amount of money issued. The institution clarified that the new currency does not pose risks to the country’s financial stability, and will not change the functions of the […]
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