Bangladesh to pay Russia in yuan for Rooppur nuclear plant

Bangladesh and Russia have agreed to use yuan to settle payment for a nuclear plant Moscow is building in the South Asian country, a Bangladesh government official said on Monday.

Bangladesh is constructing the first of two nuclear power plants in collaboration with Russia's state-owned atomic company Rosatom in a $12.65 billion project, 90% of which is financed through a Russian loan repayable within 28 years, with a 10-year grace period.