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[高清字幕]Economics Report - Zimbabwe Switches to Yuan as Reserve Currency

来源:慢速英语   时间:2016-01-22 08:43:03

Economics Report - Zimbabwe Switches to Yuan as Reserve Currency

In a surprise move, Zimbabwe announced it would shift to the Chinese yuan as its reserve currency. As part of the deal, China agreed to cancel about $40 million of Zimbabwe’s debts due this year. The U.S. dollar is used as the major currency in the impoverished African nation.

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