South Africa Eyes Digital Rand To Cut High Cross-Border Payment Costs - NDTV Profit


5/19/2022 12:00:00 AM2 years 11 months ago

A digital rand in South Africa could cut the high cost of cross-border payments for banks but its introduction is still a few years away, a senior central bank official said.

South African central bank eyes digital rand to cut cross-border payment costs A digital rand in South Africa could cut the high cost of cross-border payments for banks but its introduction is still… [+1660 chars]

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