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Forum => Kenya Discussion => Topic started by: Nowayhaha on June 12, 2023, 06:37:13 PM

Title: Pakistan pays for Russian oil in yuan – Reuters
Post by: Nowayhaha on June 12, 2023, 06:37:13 PM

https://www.rt.com/business/577905-pakistan-russia-oil-yuan/

Title: Re: Pakistan pays for Russian oil in yuan – Reuters
Post by: RV Pundit on June 12, 2023, 07:04:26 PM

Where are they getting the Yuan?

Title: Re: Pakistan pays for Russian oil in yuan – Reuters
Post by: RV Pundit on June 12, 2023, 07:06:11 PM

Look like they have good 1 billion dollar export to China - if they get paid in Yuan - great- though they must be in importing lot more

China has been Pakistan's largest trading partner for eight consecutive years and the largest source of foreign direct investment in recent years. In 2022, Pakistan's exports to China exceeded $1 billion, with agricultural exports catching the pace