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Monday June 18th 2018

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Zimbabwe to Officially Use China’s Currency

Zimbabwe to Officially Use China’s Currency

The country's finance minister has announced the plan to adopt the Chinese yuan as legal tender in return for debt cancellation worth about $40m. News from Al Jazeera (Doha) Zimbabwe plans to adopt the Chinese yuan as legal tender in return for debt cancellation worth about $40m - a move one economist predicted "has no future at all". China [...]