CHINA DIGITAL CURRENCY EXPLAINED
Context: The news came out that ‘China will be the first country to completely digitalize its currency’. This came out after China’s central bank ‘The Peoples Bank of China’ gave a statement about its digital currency in its 4 major cities Shenzhen, Suzhou, Chengdu, and Xiong’an. McDonald’s and a few major firms gave a nod […]
WHY RBI CANNOT PRINT MORE CURRENCY NOTES IN CRISIS
Why can’t RBI print more and more currency during crisis time to help the country and its people? This is the most common doubt that everyone gets and occasionally during crisis time like this when the Coronavirus outbreak is hitting the country’s economy. Here I am going to explain this in a very interesting and […]