{"id":826678,"date":"2024-06-27T10:08:44","date_gmt":"2024-06-27T04:38:44","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=826678"},"modified":"2024-06-27T10:26:31","modified_gmt":"2024-06-27T04:56:31","slug":"digital-currency-losing-charm-e-rupee-usage-becomes-one-tenth-of-2023-peak","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/06\/27\/digital-currency-losing-charm-e-rupee-usage-becomes-one-tenth-of-2023-peak\/","title":{"rendered":"Digital currency losing charm! e-rupee usage becomes one-tenth of 2023 peak"},"content":{"rendered":"<p>India\u2019s digital currency, the e-rupee, has seen a significant decline in usage, dropping to just one-tenth of its peak in December, Reuters reported, citing four sources. <\/p>\n<p>The Reserve Bank of India initiated a pilot for the e-rupee in December 2022, positioning it as a digital substitute for physical currency. By December 2023, the pilot had achieved its target of 1 million retail transactions per day.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s digital currency, the e-rupee, has seen a significant decline in usage, dropping to just one-tenth of its peak in December, Reuters reported, citing four sources. The Reserve Bank of India initiated a pilot for the e-rupee in December 2022, positioning it as a digital substitute for physical currency. By December 2023, the pilot had achieved its target of 1 million retail transactions per day.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-826678","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/826678","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=826678"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/826678\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=826678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=826678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=826678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}