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☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 21 hours ago

Growing use of ringgit and yuan in M'sia-China trade reduces exposure to external financial shocks, says Anwar

www.thestar.com.my

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Growing use of ringgit and yuan in M'sia-China trade reduces exposure to external financial shocks, says Anwar

www.thestar.com.my

☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 21 hours ago
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KUALA LUMPUR: The use of the ringgit and Chinese yuan in trade between Malaysia and China has risen from just 5% to 18% of total bilateral trade, reflecting growing confidence in local currency settlements, says Datuk Seri Anwar Ibrahim.
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