Signed just days before UN sanctions snapped back into place, the $25-billion Russia–Iran nuclear deal …
Read More »Egypt to issue bonds in China’s currency yuan
The US dollar may be losing its dominance in the Middle East to the yuan. Egypt has decided to issue bond’s denominated in China’s currency, the yuan. Egyptian Finance Minister Mohamed Maait said at a press conference today that Egypt will issue $1.5 and $2 billion’s worth of the yuan-denominated …
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