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Angola allows banks to use China's yuan for reserve requirements, signaling dollar diversification push
Angola's central bank now allows banks to hold Chinese yuan for reserve requirements alongside the dollar, euro, and rand, deepening ties with Beijing.
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cryptobriefing.com
Angola allows banks to use China's yuan for reserve requirements, signaling dollar diversification push
Angola's central bank now allows banks to hold Chinese yuan for reserve requirements alongside the dollar, euro, and rand, deepening ties with Beijing.
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africa.businessinsider.com
China’s push for a global yuan gains ground in one of Africa’s biggest oil economies
Angola has approved the Chinese yuan for banks’ foreign-currency reserve requirements, strengthening financial ties with Beijing as China expands the global use of its currency