Breaking: India Drops Final Date For Pilot Launch Of Digital Rupee

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The Reserve Bank of India (RBI), after much anticipation, finally announced the date for the pilot launch of the Digital Rupee. The Central bank has also identified nine major banks that will be commencing the first phase of the Indian digital Rupee.

As per reports, the RBI will initiate the release of the Digital Rupee (e?-W) on Tuesday, November 1, 2022. However, this will be the wholesale segment of the digital rupee used for transactions in government securities.

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