Chinese central bank People’s Bank of China has launched a digital currency , making it the world’s first major economy to issue a digital currency. The Digital Renminbi will be officially known as the Digital Currency Electronic Payment (DCEP) or  e-CNY  for short. According to the Bank of China, theContinue Reading

Former Finance Minister Ahmed Munawar has raised his concerns after the Maldives monetary Authority revealed that MVR 800,000,000.00 was printed last April. The former Minister who spent a considerable amount of time working at the Central Bank MMA . According to the data released by MMA, MVR 800,000,000.00 was borrowedContinue Reading