Maldives to permit Chinese currency for import payments

4 days ago

Economic Minister Mohamed Saeed states Maldives will soon permit using Chinese currency to settle import payments. Chinese media outlet Xinhua said Minister Saeed told at a gathering on Thursday that Maldives will soon have the option to settle their import payments using Chinese currency, the Renminbi (RMB). Citing the Minister, the media said the government's objective is to diversify its settling currency