Sunday, November 29, 2020

Saudi & UAE on Joint Digital Currency Plan

 Excerpt:

"In a joint statement the Central Bank of the United Arab Emirates (CBUAE) and the Saudi Central Bank (SAMA) launched the ‘Aber’ project, which seeks to evaluate the feasibility of issuing a digital currency for use between the two central banks."










Pic: Reuters
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Oppenheimer and Oscar Economics

This  article  is quite long, but has important modern implications.  Source: Michael Ramirez, The Gazette.

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