The Nepal Rastra Bank (NRB) is preparing to sign an agreement with the People's Bank of China (PoBC) by the third week of December to facilitate the use of Chinese currency, renminbi (RMB)  in transactions between the two neighbouring countries. NRB Governor Yubaraj Khatiwada and his Chinese counterpart will seal the deal during Khatiwada’s visit to China scheduled for the third week of December, according to a highly placed source at NRB.