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ERD Secretary meets EIB Vice-President in Luxembourg

ERD Secretary meets EIB Vice-President in Luxembourg
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Bangladesh set to repay Russian nuclear plant loan with Chinese currency Yuan: Report

Bangladesh has approved a payment of $318 million to a Russian nuclear power developer using the Chinese yuan, said a report citing a Bangladeshi official. ....

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Chinese currency replaces dollar in Bangladesh's payments to Russia

Bangladesh will settle its pending payments to Russia in Chinese yuan instead of dollar. Dhaka will settle repayments worth $110 million to Moscow for the currently under construction Rooppur power plant in the Chinese currency, it was revealed.

The development came amid increasing de-dollarisation efforts by the developing nations and calls by BRICS [Brazil, Russia, India, China and South Africa] nation members for a common BRICS currency. ....

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De-dollarisation: Bangladesh ditches dollar, to pay Russia in Chinese yuan for nuclear plant

After the West imposed sanctions on Russia, Bangladesh was looking out for ways to settle $110 million for the Rooppur power plant which is under construction in the South Asian country ....

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Rooppur: Bangladesh paying Russia in yuan to sidestep sanctions : New Nuclear

Bangladesh is to make its payments to Russia for the Rooppur nuclear power plant construction in Chinese yuan as a result of sanctions stopping payments in US dollars. ....

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