Sure, the Russian invasion of Ukraine, which central bankers and the Biden administration have noted to explain rising prices, wasn’t something anyone could have predicted, but that’s the point. In an economy that’s so heavily dependent on the broader, global economy, something unexpected happening is almost inevitable.
Hong Kong, China Expand Cross-Border Digital Yuan Trial With E-CNY Wallets for HK Residents
The HKMA intends to continue working with the PBOC to expand the application of the e-CNY. The HKMA plans to...