Nigeria Central Bank Diversifies Reserves: Sells Dollars, Buys Chinese Yuan

blog hereNigeria Central Bank Diversifies Reserves: Sells Dollars, Buys Chinese Yuan (ZeroHedge, Jan 28, 2014):

It seems the “dollar is a reserve currency for ever and ever” propaganda has not reached Africa, also known as Southern China as explained here two years ago, where moments ago the Central Bank of Nigeria issued the following surprise announcement:

But why would anyone buy Yuan when there are so many ever-more diluted dollars available? And now, let’s open it up for the most creative Nigerian email scam involving Chinese Yuan…

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