Maldives to allow settling import payments using Chinese currency
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
It's so hot in Mexico that howler monkeys are falling dead from the trees
MEXICO CITY (AP) — It’s so hot in Mexico that howler monkeys are falling dead from the trees.At leas2024-05-22Feature: ALS Sufferer Inspires Others with 15,000
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-22Enjoying Breathtaking Winter Landscapes
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-22For Active Ningxia Aunties, Skateboarding Is Way of Life
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-22Caitlin Clark returns for 2nd half against Sun after apparent left leg injury in 1st half
INDIANAPOLIS (AP) — Caitlin Clark returned to the Indiana Fever’s starting lineup for the second hal2024-05-22Women Acrobatic Motorcycle Team Endeavor to Break World Record
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-22
atest comment