China Contains Digital Yuan in Money Circulation Information for First Time

by Jeremy

Money and financial institution reserves held by the central financial institution, a measure of cash provide often called M0, grew at 15.3%, the quickest tempo in 11 months, to 10.5 trillion yuan in December, with the digital yuan representing solely 0.13% of the entire. The addition of the e-CNY precipitated no “notable adjustments,” the PBOC stated.

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