EconomyDigital currencies could become new payment tool for Russia and Africa, report says
A report says central bank digital currencies could facilitate cross-border settlements between Russia and African countries. Currency swaps and settlement facilities are also proposed, with Egypt, Nigeria, Ethiopia and South Africa prioritized. The authors say sanctions risks and limited banking and currency-conversion channels are holding trade below its potential.
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TASS★★★☆☆2026-10-28 05:05Original
Digital currencies could become new payment tool for Russia and Africa, report says