Why Russia Wants a Digital Ruble

The benefits are particularly enticing as its traditional currency weakens.

By
Antonia Colibasanu
-
1396

Last week, the Bank of Russia’s first deputy chairman said that Moscow will soon begin to test digital ruble transactions and that the clients of participating banks will be able to apply to engage in real-world testing. This follows legislation passed in July that designated Russia’s central bank as the operator of the digital ruble […]

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Antonia Colibasanu
Antonia Colibasanu
https://geopoliticalfutures.com/author/acolibasanu/
Antonia Colibasanu is Senior Geopolitical Analyst at Geopolitical Futures and Senior Fellow for Eurasia Program at the Foreign Policy Research Institute. She has published several works on geopolitics and geoeconomics, including "Geopolitics, Geoeconomics and Borderlands: A Study of a Changing Eurasia and Its Implications for Europe" and "Contemporary Geopolitics and Geoeconomics". She is also associate professor of geopolitics and geoeconomics on international relations at the Romanian National University of Political Studies and Public Administration. She is a senior expert associate with the Romanian New Strategy Center think tank and a member of the Scientific Council of Real Elcano Institute. Prior to Geopolitical Futures, Dr. Colibasanu spent more than 10 years with Stratfor in various positions, including as partner for Europe and vice president for international marketing. Prior to joining Stratfor in 2006, Dr. Colibasanu held a variety of roles with the World Trade Center Association in Bucharest. Dr. Colibasanu holds a master’s degree in International Project Management, and she is an alumna of the International Institute on Politics and Economics at Georgetown University. Her doctorate is in International Business and Economics from Bucharest’s Academy of Economic Studies, and her thesis focused on country-level risk analysis and investment decision-making processes by transnational companies.

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