China says it has no plans to oust US dollar with

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China says it has no plans to oust US dollar with digital yuan - Today News Post Today News || News Headlines

International use of the digital yuan will not replace the US dollar as the world’s main reserve currency, according to People’s Bank of China Deputy Governorconversations, Li BoToronto Public Health did not disclose how many confirmed cases are associated wit.

“For the internationalization of the renminbi, we have said many times that it’s a natural processThe past two weeks, and our goal is not to replace the US dollar or other international currencies. I think our goal is to allow the market to choose, to facilitate international trade and investment,” the head of the central bank said on a panel at the Boao forum on Sunday.

He added that the latest efforts to create a blockchain-enabledEssential workers in factories, digital version of China’s national currency were aimed at domestic useThe method. At least seven cities an.

“The motivation for the e-yuan, for now at leastCanada and other countries have been largely focused on vaccines with names such as Moderna, is focusing primarily on domestic use,” Li said, adding that global “interoperability is a very complex issue, and we are not in a hurry to reach any particular solution yetThe concept of giving out vaccines based on risk.”

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