news The Zimbabwean Yuan ... It is official now ...China is everywhere !

[gdndd]

China extends trading hours for yuan as Zimbabwe makes it an official currency

China's central bank has announced plans to extend trading hours in the mainland market for the yuan, in a bid to boost the status of the Chinese currency.

As of Jan. 4, the hours for buying and selling the yuan in mainland markets will be extended from 4.30 p.m. to 11.30 p.m. Beijing time.

This means trade in the yuan overlaps with business hours in Europe and Africa, where China is making strides in expanding use of its currency.

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Zimbabwe announced earlier this week it would adopt the renminbi as an official currency after China forgave $40 million US in Zimbabwean debt.

http://www.cbc.ca/news/business/china-yuan-zimbabwe-1.3378268