Yuan

Africa News

To reduce reliance on the dollar, Angola includes the Chinese yuan in its banks' reserves.

Books - Ziad Abdel Fattah: In a move reflecting the rapid transformations in the global financial system, the Central Bank of Angola decided to list the Chinese yuan…

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Analysis and Reports

Chinese influence in Africa: Dealing in yuan against the dollar is redrawing the economic map

Written by: Ayman Ragab. China continues to strengthen its economic and financial presence in Africa through rapid steps aimed at expanding the use of its national currency…

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