Sunday, 12 July 2026 Newsarchy UK live index
NewsarchyUKUK
Every UK story. Mapped, sourced, and explained where it matters.
Topic

Foreign Exchange Reserves

Angola allows Chinese yuan for mandatory foreign currency reserves

Angola allows Chinese yuan for mandatory foreign currency reserves

The Bank of Angola updated its regulations to allow the yuan in mandatory reserves to align with existing trade and investment flows with China. This change reflects a growing trend among African nations to integrate the Chinese currency into domestic frameworks.

Business ·12 Jul 2026, 02:33 ·Maeve Turner 3 min read