Russian Central Bank: Issuance of digital ruble will not trigger inflation
2024-10-02 06:21
Odaily News The Central Bank of Russia recently explained that the Russian central bank digital currency (CBDC), the digital ruble, will not change the way the country manages its monetary policy. The bank said in a draft outlining the central bank's policy direction for 2025-2027 that even after the launch of the digital ruble, the central bank will continue to use the same tools to target inflation, "The emergence of a digital form of the national currency will not affect the mechanism for the implementation of monetary policy. The Central Bank of Russia will continue to manage money market interest rates through operations to provide liquidity to banks and absorb liquidity." (Bitcoin.com)
