Policy Papers

Central Bank Digital Currency—Initial Considerations

Publication Date:

November 14, 2023

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The paper briefs the Executive Board on the initial considerations on CBDC. These cover a framework to guide countries’ CBDC exploration, as well as implications for monetary policy transmission, capital flow management measures, and financial inclusion.

Series:

Policy Paper No. 2023/048

Subject:

Central Bank digital currencies Central bank mandate Central Banks Financial inclusion Financial markets Monetary base Monetary policy Money Payment systems Political economy Technology

Frequency:

occasional