Retail CBDC offers more flexible monetary policy

Speakers: Xie Taojun and Ammu George 12 May 2022

Recent survey results on Central Bank Digital Currency (CBDC) released by the Bank for International Settlements show that monetary policy implementation is a key motivation for the central banks to consider retail CBDC issuance. Xie Taojun, a Senior Research Fellow and Assistant Director (Research), and Ammu George, a Research Fellow, from the Asia Competitiveness Institute, Lee Kuan Yew School of Public Policy, NUS, discuss how a retail CBDC provides a solution to Singapore’s unique monetary policy circumstances.

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