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Argentina Shys Away From US Dollar For Trade In Chinese Currency

Argentina Shys Away From US Dollar For Trade In Chinese Currency

On Wednesday Argentina stepped up its efforts to de-dollarise its crisis ridden economy as Buenos Aires announced that it’s starting to pay for Chinese imports in Yuan instead of dollars. This move was seen in context of the country’s immediate need to save its dwindling dollar reserves, the Argentines have long deemed the US dollar as the one that drives ...

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