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Posted on Jan 10, 2023Read on Mirror.xyz

The central bank has included the balance of digital renminbi in circulation into M0

In the "2022 Financial Statistics Report" released by the People's Bank of China, it stated that from December 2022, "currency in circulation (M0)" includes digital renminbi in circulation. The balance of digital renminbi in circulation at the end of December was 13.61 billion yuan. At the end of December, the balance of money in circulation (M0) was 10.47 trillion yuan, a year-on-year increase of 15.3%. The net cash injection for the year was 1.39 trillion yuan. The digital yuan is still a small part of it.