https://wiki.treasurers.org/w/index.php?action=history&feed=atom&title=Currency_substitution 2026-06-11T22:16:20Z Revision history for this page on the wiki MediaWiki 1.40.0 https://wiki.treasurers.org/w/index.php?title=Currency_substitution&diff=13112&oldid=prev 2022-12-27T00:35:52Z

<p>Create page - source - IMF - https://www.imf.org/en/Publications/fandd/issues/2022/09/Picture-this-The-ascent-of-CBDCs</p> <p><b>New page</b></p><div>''Currency - emerging markets.''<br /> <br /> A process in which a country starts to accept a foreign currency for certain purposes, in parallel with its domestic currency.<br /> <br /> Most commonly an emerging market country might start to accept a more established foreign currency, for example the US dollar.<br /> <br /> This process is also sometimes known as ''dollarization''.<br /> <br /> <br /> :&lt;span style=&quot;color:#4B0082&quot;&gt;'''''CBDCs could reduce currency substitution'''''&lt;/span&gt;<br /> <br /> :&quot;CBDCs can also improve transparency in money flows and could help reduce currency substitution (when a country uses a foreign currency in addition to, or instead of, its own).&quot;<br /> <br /> :''International Monetary Fund - The Ascent of CBDCs - September 2022.''<br /> <br /> <br /> ==See also==<br /> *[[Central bank digital currency]] (CBDC)<br /> *[[Currency]]<br /> *[[Dollar ]]<br /> *[[Dollarization]]<br /> *[[Emerging market]]<br /> <br /> <br /> ==External link==<br /> *[https://www.imf.org/en/Publications/fandd/issues/2022/09/Picture-this-The-ascent-of-CBDCs International Monetary Fund - The Ascent of CBDCs - September 2022]<br /> <br /> [[Category:Accounting,_tax_and_regulation]]<br /> [[Category:The_business_context]]<br /> [[Category:Identify_and_assess_risks]]<br /> [[Category:Manage_risks]]<br /> [[Category:Risk_frameworks]]<br /> [[Category:Risk_reporting]]<br /> [[Category:Cash_management]]<br /> [[Category:Financial_products_and_markets]]<br /> [[Category:Liquidity_management]]</div>

imported>Doug Williamson