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Argentina s central bank enables yuan deposits for local bank accounts-Xinhua

Argentina moves away from US dollar for trade in Chinese currency

Argentina on Wednesday stepped up its efforts to de-dollarise its crisis-ridden economy as Buenos Aires announced that it will begin paying for Chinese imports in yuan instead of dollars.  While the move is seen in context of country's immediate need to save its dwindling dollar reserves, the Argentines have long deemed the US dollar as the one that drives their counterparts across the country "crazy", according to an Al Jazeera report published in September 2019. This is because the Argentines make crucial transactions such as the ones in real estate, with dollars.  

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