Experts See Digital Rupee as a Boon

The launch of a new digital rupee would boost financial inclusion and eventually make more Indians cut their dependence on physical cash, according to accountants, currency exchange operators and crypto experts, the Deccan Herald reported.

The launch “would give great comfort and trust in the use of digital currency”, Lily Vadera, a former executive director at the Reserve Bank of India told the paper.

Read the full report: Deccan Herald

Indian Rupee Sinks to 18-Month Low Against The Dollar

India Extends Post-Budget Stock Rally in Early Trading

India Steps Up Infrastructure Spending to Boost Growth

George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.