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On Streets of Harare, Few Takers for China's Yuan

Zimbabwe abandoned its worthless dollar in 2009, and the southern African nation started using almost all major currencies such as the U.S. dollar, South African rand and British pound. But now, following the recent visit of Chinese leader Shee Jeen-peeng Xi Jinping, China's yuan will become Zimbabwe's reserve currency. Former high school teacher Edward Chara now drives a taxi in Zimbabwe and imports goods for sale in the country. He says no to the yuan. Zimbabwe imports most...

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