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Angola Opens Mandatory Reserves to Chinese Yuan in De-Dollarisation Move
Angola has amended its mandatory reserve policy to accept the Chinese yuan alongside existing reserve currencies, making it one of the first African countries to formally integrate the renminbi into its central bank reserve framework. The decision is being read as a significant de-dollarisation signal with potential implications for reserve currency policy debates across the continent.
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- L’Angola ouvre ses réserves obligatoires au yuan chinois · financialafrik.com · T2