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Angola Embraces China’s Yuan in Banking Reserve and Payment Shift

Rio Times

BusinessRio Times·Jul 23, 2026·1 min read

Angola Embraces China’s Yuan in Banking Reserve and Payment Shift

Africa · Southern Key Facts —Reserve currency. Angola’s central bank added the yuan to its list of eligible reserve currencies in July 2026. —Payment network. Major Angolan lenders BFA and BAI are preparing to join China’s CIPS…

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