Saturday, June 9, 2018

China's Yuan To Serve as Reserve Currency in Africa?

Quartz Africa posted on 29 May 2018 an article titled "There Is Growing Momentum to Adopt China's Yuan As a Reserve Currency in Africa" by Abdi Latif Dahir.

African central bank leaders from southern and eastern Africa recently discussed whether to hold the Chinese Yuan as part of their foreign reserves. The discussion underscored China's push to internationalize its currency to promote trade and investment.

The Herald (Zimbabwe) published on 11 June 2018 an article titled "Zim Should Consider Adopting China's Renminbi."

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