In this paper, we develop a model incorporating the impact of financial inclusion to study the implications of introducing a retail central bank digital currency (CBDC). CBDCs in developing countries ...

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the bank celebrated the 10th anniversary of its designation as the RMB clearing bank in the United Kingdom with an event in London on Thursday. Around 150 representatives from government, business, ...

BEIJING -- China will maintain the basic stability of the RMB exchange rate at a reasonable and balanced level, Zou Lan, deputy governor of the People's Bank of China (PBOC), told a press conference ...

One of south-central Wisconsin’s most unusual residential properties is also Dane County’s biggest bank-owned property, barely a dozen years after its former owner carved out a 23-acre private lake as ...