Transactions Between Zimbabwe, China Must Be Settled Using Yuan: Mangudya

Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has called for all transactions between Zimbabwe and China to be settled using China’s currency the Yuan. Speaking at the China (Zhejiang)-Zimbabwe Business Forum, Mangudya said,

We need to make sure that the Chinese currency is found in Zimbabwe. We also need to move with speed in making sure that there is and there are settlements of transaction between Zimbabwe and China using Yuan as opposed to use of any other currencies…This will go a long way in increasing trade between Zimbabwe and China; it will go a long way in increasing investment in Zimbabwe and China and vice versa.

More: New Zimbabwe

Comments

Back to top

2 comments on “Transactions Between Zimbabwe, China Must Be Settled Using Yuan: Mangudya

  1. mega deals and billion dollars deals since Magabi but I do not remember getting any single Yuan on Harare streets! John akangofanana na Gideon! talk, talk, and nothing useful! Basa riri kukuremera brother John!

Write a Comment

Your email address will not be published.