Bangladesh is in talks with China for a loan of about $5 billion in yuan to bolster the nation's dwindling foreign-exchange reserves, addressing the strain caused by imports far exceeding exports.
If we get this loan, it will help us in two ways: we can settle some Chinese payments in yuan and build reserves as renminbi is an IMF-approved reserve currency, aiding in stabilizing the economy.
Collection
[
|
...
]