” Governor Adhikar suggested that
the central banks under
SAARCFINANCE should
study the feasibility of
implementing Central Bank
Digital Currency (CBDC). “

CBDC Feasibility

The NRB Governor confirmed in 2020 the SAARCFINANCE should study CBDCs – that is the SAAR group of central banks.

He also confirmed – NRB committed for development of digital economy and financial system

Financial inclusion is a key global priority which is consistent with the Maya Declaration

The NRB reported that a joint program with the UNCDF addressed financial inclusion which has risen since 2011. 

As financial inclusion improves and digitization, CBDCs could be used to effect payments and provide more benefits.

 

 

 

By cryptorocks_editor

Editor.