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This dissertation examines the implications of Central Bank Digital Currencies (CBDCs) on modern monetary policy, focusing on their potential to enhance monetary policy transmission, promote financial inclusion, and adapt to the decline in cash usage. It analyzes various CBDC projects, their benefits, risks, and the regulatory considerations necessary for their implementation, while also reflecting on the future role of central banks in a digital economy. The research aims to provide insights for policymake

Author

ayushiyadav5001

Language

EN