Maldives to allow settling import payments using Chinese currency
Release time：2024-04-30 15:46:27 Source：Stellar Scope news portal
COLOMBO, April 12 (Xinhua) -- Maldivian Minister of Economic Development and Trade Mohamed Saeed has said that Maldivians will soon have the option to settle their import payments using Chinese currency, the renminbi (RMB).
Saeed tola a gathering on Thursday that the government's objective is to diversify its settling currency from the U.S. dollar, adding that they expect the local currency Maldivian Rufiyaa to strengthen against the U.S. dollar by 30 to 40 percent in the coming months.
He said the government also plans to introduce prominent global e-wallets to the Maldives, including those from South Korea, Japan, China, the United States, Singapore, Malaysia, India, and the United Arab Emirates.
The minister said that on April 14, the government will make an official announcement on the integration of Alipay and WeChat into the Maldivian market. ■
Related articles
- Oracle bone script art exhibition unveiled in South Africa
- VOX POPULI: Use of honorifics complex at times and not always appropriate
- China coronavirus update: More than 88 million COVID
- Alarm over 'strange' illness that has killed four and sickened dozens more in Nigeria
- Israel has offered Hamas a 40
- Bullying rife at Buller High School, students say
- Alarm over 'strange' illness that has killed four and sickened dozens more in Nigeria
- It's about to get more difficult for Americans to visit Brazil
- China's sci
- HKFP Lens: Hong Kong photographers document their last moments in the city
- Program to boost cultural exchanges between China and France
- VOX POPULI: Celebrating the arrival of spring the same way as in ‘Tale of Genji’
- US Treasury Secretary Yellen visits China for high
- Thousands of Russians join Navalny
- Rolling Stones show no signs of slowing during latest tour in Texas
- It's about to get more difficult for Americans to visit Brazil
- Brick Lane: Chinese political slogans appear on famous London street
- Public servants want to know if management positions will be on the chopping block
- Egyptian, Chinese students mark UN Chinese Language Day in Cairo
- VOX POPULI: LDP lawmakers’ remarks about political funds create a paradox
Random recommendation
- Copyright © 2024 Powered by Maldives to allow settling import payments using Chinese currency ,Stellar Scope news portal sitemap