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Emerging Markets

Kenya Moved Three Railway Loans Out of Dollars and Into Yuan

The Rio Times · 1h ago · 🇧🇷 Brazil

Kenya Moved Three Railway Loans Out of Dollars and Into Yuan

The yuan now accounts for 11.7% of Kenya's external debt, more than double a year earlier, after three railway loans from China Exim Bank were converted out of dollars. The post Kenya Moved Three Railway Loans Out of Dollars and Into Yuan appeared first on The Rio Times .

Read the full story at The Rio Times →

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