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Nalezeno "Bank": 7803

IMF Cautions Central Banks May Have to Rethink What Constitutes Reserves


The IMF warns that central banks may have to rethink what constitutes their reserve currency holdings. In a recent study, the global lender points to the changing geopolitical landscape, technological advances and the impact of the Covid-19 pandemic as events likely to influence the composition...

Sberbank Urges Central Bank to Reconsider Digital Ruble Issuance Plans


The state-controlled commercial bank Sberbank has expressed fears that the Russian Central Bank’s “digital ruble” plans will have a negative effect on liquidity in the nation. The Central Bank has accelerated its plans to roll out a central bank digital currency (CBDC) with a pilot slated for next...

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