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Zimbabwe Adopts Yuan as Official Currency

bsh1
Posts: 27,504
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1/3/2016 5:56:03 AM
Posted: 11 months ago
For those who don't know, the Yuan is China's official currency, which Zimbabwe has now also decided to use. It's kinda interesting, and not a foolish move for Zimbabwe. Thoughts? Reactions?

http://www.theguardian.com...
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Greyparrot
Posts: 14,282
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1/3/2016 6:02:29 AM
Posted: 11 months ago
At 1/3/2016 5:56:03 AM, bsh1 wrote:
For those who don't know, the Yuan is China's official currency, which Zimbabwe has now also decided to use. It's kinda interesting, and not a foolish move for Zimbabwe. Thoughts? Reactions?

http://www.theguardian.com...

Beggars cant be choosers.
Foxian
Posts: 53
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1/3/2016 6:03:00 PM
Posted: 11 months ago
At 1/3/2016 5:56:03 AM, bsh1 wrote:
For those who don't know, the Yuan is China's official currency, which Zimbabwe has now also decided to use. It's kinda interesting, and not a foolish move for Zimbabwe. Thoughts? Reactions?

http://www.theguardian.com...
In Chinese social media many of us think that it will become high demand in trade and that it will become a defacto trade currency with others.
thett3
Posts: 14,348
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1/3/2016 6:30:34 PM
Posted: 11 months ago
Isn't decolonization great? 50 years of freedom and abject poverty, hyperinflation, and ethnic cleansing until a new power took control. Yippee!
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: At 11/12/2016 11:49:40 PM, Raisor wrote:
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stargate
Posts: 506
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1/3/2016 9:58:23 PM
Posted: 11 months ago
At 1/3/2016 6:03:00 PM, Foxian wrote:
At 1/3/2016 5:56:03 AM, bsh1 wrote:
For those who don't know, the Yuan is China's official currency, which Zimbabwe has now also decided to use. It's kinda interesting, and not a foolish move for Zimbabwe. Thoughts? Reactions?

http://www.theguardian.com...
In Chinese social media many of us think that it will become high demand in trade and that it will become a defacto trade currency with others.

Dollar will stay ahead of the yuan though.
Midnight1131
Posts: 1,643
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1/3/2016 10:16:32 PM
Posted: 11 months ago
At 1/3/2016 6:02:29 AM, Greyparrot wrote:
At 1/3/2016 5:56:03 AM, bsh1 wrote:
For those who don't know, the Yuan is China's official currency, which Zimbabwe has now also decided to use. It's kinda interesting, and not a foolish move for Zimbabwe. Thoughts? Reactions?

http://www.theguardian.com...

Beggars cant be choosers.
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