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January 2026

Current Affairs

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Central Bank Digital Currency

Central Bank Digital Currency (CBDC) is a digital form of a country's fiat currency. It is issued and regulated by the central bank. CBDCs aim to enhance payment efficiency and financial inclusion. They can reduce transaction costs and improve security. Various countries are exploring CBDCs for their potential economic benefits. The implementation may reshape the future of monetary policy.

BRICS, CBDCs and India’s Gamble

Reports that the Reserve Bank of India is exploring a proposal to link India’s Central Bank Digital Currency with those of its BRICS partners mark an important shift...

January 23, 2026

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