World News@lemmy.worldEnglish · 4 days ago

Kenya in talks with China to convert dollar rail loan into yuan

www.reuters.com

Kenya in talks with China to convert dollar rail loan into yuan

www.reuters.com

schizoidman@lemmy.zip to

World News@lemmy.worldEnglish · 4 days ago

reuters.com

www.reuters.com

cross-posted from: https://lemmy.zip/post/46814543

Kenya is in talks with China to convert a dollar-denominated railway loan into Chinese yuan, an aide to the Finance Minister John Mbadi told Reuters on Wednesday.

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4 days ago
Oh it’s variable interest rate. Otherwise I’d sooner keep it in USD with the expectation of massive inflation.

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