Launch of digital rupee a historic milestone, says RBI executive director ...Middle East

Terming the launch of digital rupee a historic milestone, RBI executive director Ajay Kumar Choudhary on Thursday said the currency would bring in a lot of operational efficiency in the system and will foster financial inclusion. As per the central bank digital currency (CBDC) tracker, almost 105 countries representing 95 per cent of the world's GDP have taken steps to inculcate digital currency in their ecosystem. Around 50 countries are at the advanced phase of exploration to launch the digital currency, while 10 countries have fully launched the digital currency, he said at an event organised by PHD Chambers of Commerce and Industry (PHDCCI). Digital rupee will add the resilience associat

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