The Asian Infrastructure Investment Bank has invested US$8 billion in 40 projects in 16 countries, most of them in Asia, since its inception in January 2016. Photo: Reuters

China-backed infrastructure bank AIIB to start local currency financing amid trade war, forex concerns

  • Infrastructure bank to pilot local currency financing in India rupee, Indonesian rupiah, says vice-president
Topic |   Asian Infrastructure Investment Bank

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The Asian Infrastructure Investment Bank has invested US$8 billion in 40 projects in 16 countries, most of them in Asia, since its inception in January 2016. Photo: Reuters
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