Kenya in talks with China to convert dollar rail loan into yuan
Kenya in talks with China to convert dollar rail loan into yuan
www.reuters.com
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.
Oh it's variable interest rate. Otherwise I'd sooner keep it in USD with the expectation of massive inflation.