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Opinion

Renminbi presents Africa with cost and efficiency advantages

Richard de Roos, Head of Foreign Exchange, Standard Bank Group
Aug. 13, 2018, 9:25 p.m.
304

Word count: 849

As Africa’s relationship with China matures and deepens, the use of the Renminbi as a medium of exchange holds the potential to increase the efficiency and reduce the risk and cost of both intra-African as well as Africa-China and broader Asian trade.

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