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Though if you try to re-open C<STDOUT> or C<STDERR> as an "in memory"
file, you have to close it first:

    close STDOUT;
    open STDOUT, '>', \$variable or die "Can't open STDOUT: $!";

# close STDOUT;  # with this it works
open STDOUT, ">:encoding(cp37)", "foo.out" or die "Cannot redirect STD
+OUT\n";
print "yadda yadda\n";