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IMF official suggests central banks to compete with cryptocurrencies

His suggestion is important in case there is a wider adoption of the cryptocurrencies. In such a scenario, the central banks would lose their control over a large part of monetary economy

Moneycontrol News
June 04, 2018 / 18:06 IST
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The International Monetary Fund (IMF) projected a GDP growth of 1.9 percent for India in 2020. With this subdued forecast, India is likely to record its worst growth performance since the 1991 liberalisation. But IMF has placed India as the fastest-growing emerging economies of the world. (Image: Moneycontrol)
The International Monetary Fund (IMF) projected a GDP growth of 1.9 percent for India in 2020. With this subdued forecast, India is likely to record its worst growth performance since the 1991 liberalisation. But IMF has placed India as the fastest-growing emerging economies of the world. (Image: Moneycontrol)
Moneycontrol News
first published: Jun 4, 2018 06:06 pm

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