News Report

RBI’s First Pilot Of Retail Digital Rupee From December 1. What Is E ₹-R?

“The Reserve Bank of India (RBI) on Tuesday said it will launch the first pilot of retail digital Rupee (e ₹-R) on Thursday to assess the stability of the complete process of digital currency creation, distribution and retail usage in real time. The central bank has already begun select launches of the legal tendered digital currency for the wholesale segment starting earlier this month.

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