November 23, 2024

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Russian Central Bank Eyes Digital Currency to Overcome Cross-Border Payment Obstacles

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Russian Central Bank Eyes Digital Currency to Overcome Cross-Border Payment Obstacles
Russian Central Bank Eyes Digital Currency to Overcome Cross-Border Payment ObstaclesElvira Nabiullina, head of Russia’s central bank, has highlighted challenges in cross-border settlements, including payment issues and falling trade volumes. She emphasized the importance of finding new solutions, such as using digital currencies and cooperating with global partners, to address these issues. Russia Faces Cross-Border Payment Issues Amid Declining Trade Russian Central Bank Governor Elvira […]