Maldives shifts trade in local currencies with India & China
Edited By WION Video Desk
Published: May 23, 2024, 05:10 IST | Updated: May 23, 2024, 05:10 IST
The Maldives has reached agreements with both India and China to settle trade payments in their local currencies, moving away from the traditional US dollar. This is a significant move for the island nation, which imports a large portion of its goods from these two countries.
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