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Dollars Are So Scarce in Argentina That Yuan Use Is at a Record

(Bloomberg) It’s gotten so hard to find US dollars in Argentina that Whirlpool Corp., the American appliance giant, is considering paying with China’s yuan to import parts for a new factory. Most Read from BloombergTitanic Sub Crew Dead After Vessel’s Catastrophic ImplosionUS Navy Detected Titanic Submersible’s Implosion Days AgoFive-Star Hotel Guest Leaves Without Paying After 603-Night StayThese Are the World’s Most (and Least) Liveable Cities in 2023The Big Names That Got Backstop for Bill

Over 500 Argentine Companies Turn to the Yuan for Imports Amid Dollar Shortage – 24/7 Wall St

Due to severe U.S. dollar scarcity and inflation in Argentina, companies there have been compelled to request the use of Chinese yuan to pay for their imports.

Dollars Are So Scarce in Argentina That Yuan Use Is at a Record

(Bloomberg) It’s gotten so hard to find US dollars in Argentina that Whirlpool Corp., the American appliance giant, is considering paying with China’s yuan to import parts for a new factory. Most Read from BloombergTitanic Sub Crew Dead After Vessel’s Catastrophic ImplosionThese Are the World’s Most (and Least) Liveable Cities in 2023Five-Star Hotel Guest Leaves Without Paying After 603-Night StayUS Navy Detected Titanic Submersible’s Implosion Days AgoUS Treasury Secretary Yellen Sees Lower

Over 500 Argentine Companies Turn to the Yuan for Imports Amid Dollar Shortage

Over 500 Argentine Companies Turn to the Yuan for Imports Amid Dollar Shortage
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