Distinguishing Functional Currency vs Local Currency
Distinguishing Functional Currency vs Local Currency
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2.5K views · 71 reactions | #RealityCheck The New Development Bank sets record with 1.2 bln U.S. dollar "panda bonds," RMB-denominated debts sold by overseas issuers in China. In an exclusive with H.E. Dilma Rousseff, she highlights the importance of local currency settlement & questions the absolute privilege of some currencies. | T-House | Facebook
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2.5K views · 71 reactions | #RealityCheck The New Developmen…
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99K views · 2.2K reactions | As of the first quarter of this year, the proportion of local currency financing exceeded 21 percent among the New Development Bank (NDB) member countries. What's the next step? Under the framework of BRICS cooperation, how to better promote local currency settlement? NDB President Dilma Rousseff answered these questions in an interview with China Media Group. #BRICS2023 | CGTN | Facebook
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99K views · 2.2K reactions | As of the first quarter of this year, the proporti…
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2K views · 29 reactions | Local currency financing is essential for...
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