DEC. 15 2015 (The Conway Bulletin) – Tajikistan and China completed a currency swap deal which they had arranged earlier in the year. Under the deal, China will give Tajikistan 3b yuan (around $470m) in exchange for the equivalent in Tajik somoni. The two sides said the deal would facilitate bilateral trade but it is also a way for China to give Tajikistan some hard currency.
ENDS
Copyright ©The Conway Bulletin — all rights reserved
(News report from Issue No. 261, published on Dec. 20 2015)
