Angola has taken a new step in adapting its financial system to its trade with China. The National Bank of Angola (BNA) now allows commercial banks to use the Chinese yuan to satisfy part of their minimum foreign exchange reserves, alongside the dollar, the euro and the South African rand. The measure...
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.
Angola has taken a new step in adapting its financial system to its trade with China. The National Bank of Angola (BNA) now allows commercial banks to use the Chinese yuan to satisfy part of their minimum foreign exchange reserves, alongside the dollar, the euro and the South African rand. The measure...