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Powell: A US digital dollar could help maintain international primacy

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economictimes.indiatimes.com

Fed Chair Jerome Powell said on Friday, weighing in with generally positive remarks on a hot-button topic at the central bank that has left policymakers divided. «A U.S.

CBDC (central bank digital currency) could… potentially help maintain the dollar's international standing,» Powell said in introductory remarks to a research conference held by the central bank on the international roles of the dollar.

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