College of Management and Economics Discusses a Master’s Thesis on Centralized Digital Currencies and Their Impact on Monetary Policy Performance

The Department of Financial and Banking Sciences at the College of Administration and Economics at the University of Iraq discussed a master’s thesis for the student (Mustafa Basem Karim) entitled (Central digital currencies and their impact on the performance of monetary policy / A study of a sample of selected countries) on Thursday, February 13, 2025 in the Council Hall of the College Deanship Building.

The study aimed to identify digital currencies and central digital currencies and their impact on monetary policy in a way that removes ambiguity about them, in addition to presenting some of the experiences of governments that issued these central digital currencies.

The study reached a set of conclusions, the most important of which is that issuing such a type of central digital currencies has effects on monetary policy through its impact on the interest rate channel. If the digital currency carries rewards, it means that it replaces bank deposits, which affects the performance of commercial banks. If it is the opposite, the central digital currency does not generate sufficient demand for it as a result of not providing rewards for it.
The discussion committee consisted of the following lecturers:
Assistant Professor Abdul Rahman Najm Abdul. Chairman
Assistant Professor Issam Abdul Khader Saud. Member
Assistant Professor Athir Abbas Obaidi. Member Prof. Dr. Iftikhar Muhammad Manahi Member and Supervisor