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CATEGORY: central bank of argentina


Jun 20, 2023 02:10

Argentina Settled Almost 20% of Its Imports in April and May Using the Chinese Yuan

The government of Argentina has noted that 19% of all imports authorized in the national system were settled using the Chinese yuan in April and May. $2.72 billion in Chinese yuan were approved to complete these payments, taking advantage of the Chinese swap line to preserve the dollar reserves of the country, according to Commerce [...]

The post Argentina Settled Almost 20% of Its Imports in April and May Using the Chinese Yuan appeared first on Crypto Breaking News.

Feb 09, 2024 05:50

Argentine President Javier Milei Rules out Dollarization Process in 2024

Javier Milei, the libertarian president of Argentina, has ruled out the possibility of applying his dollarization plan during 2024. In an interview with local media, Milei stated that while dollarization and the free convertibility of coins was the final goal of his administration, there was no time to clean up the country’s economy and implement [...]

The post Argentine President Javier Milei Rules out Dollarization Process in 2024 appeared first on Crypto Breaking News.

Feb 27, 2024 05:50

Argentine President Javier Milei Seeks to Penalize Central Bank Money Issuance

Javier Milei, the libertarian president of Argentina, is seeking to stop the issuance of money by the country’s central bank. Milei stated he would send a bill to Congress to penalize issuing money with jail time, explaining that central bank officials approving these movements would be incarcerated. Argentine President Javier Milei Aims to Establish Seigniorage [...]

The post Argentine President Javier Milei Seeks to Penalize Central Bank Money Issuance appeared first on Crypto Breaking News.

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