Dollars and Wallets - Shutterstock_795558181
Russia has just launched a central bank digital currency (CBDC), and there has been speculations that the digital ruble will allow Russia to evade US sanctions. How might the introduction of digital ruble and other CBDCs impact the effectiveness of US sanctions and the position of USD as global reserve currency? To unpack these themes, we spoke to David Andolfatto, a former SVP at the Federal Reserve Bank of St. Louis, and Marco Santanché, a former Credit Suisse quant strategist.
For more insights on macroeconomics, visit the monthly research series published by Hedder.
On the date of publication, Hedder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
/Green%20hydrogen%20by%20Scharfsinn%20via%20Shutterstock.jpg)
