China Includes Digital Yuan in Cash Circulation Data for First Time

China Includes Digital Yuan in Cash Circulation Data for First Time

Cash and bank reserves held by the central bank, a measure of money supply known as M0, grew at 15.3%, the fastest pace in 11 months, to 10.5 trillion yuan in December, with the digital yuan representing only 0.13% of the total. The addition of the e-CNY caused no “notable changes,” the PBOC said.

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