Tuesday, 21 September 2021

Tag Archives: Yuan

Pakistan to launch Panda Bond in Chinese Yuan

ISLAMABAD: For the first time in the country’s history, Pakistan on Thursday approved launching of Panda Bond in Chinese-denominated Yuan currency with possible transaction size equivalent to $500 million in two different tranches in order to finance its yawning trade deficit with Beijing. $300 million for Pakistan’s struggling economy. Pakistan’s ...

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Pakistan, China agree to trade in Rupee, Yuan instead of dollar

Pakistan and China have agreed to do trade in their own currencies instead of dollar. According to report, the two countries agreed to do business in Pakistani rupee and Chinese currency Yuan during the visit of Prime Minister Imran Khan to Beijing. Earlier, Pakistan and China were doing trade in ...

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