Brics 500 Companies Argentina Pay Chinese Yuan Not Us Dollar

Last updated: June 9, 2025, 13:23

Brics 500 Companies Argentina Pay Chinese Yuan Not Us Dollar

Due to severe US dollar

Over 500 Argentine Companies Turn to the Yuan for Imports Amid

Due to severe US dollar scarcity and inflation in Argentina, more than five hundred companies operating in the country have been compelled to request the use of

Argentina To Pay for Imports in Chinese Yuan, Ditching

BRICS member Argentina paid part

BRICS member Argentina paid part of the $2.6 billion to the IMF in the Chinese Yuan and not the US dollar, reported Reuters. Argentina completed the October payment with IMF’s reserve

Which 8 Countries Are Using China’s Yuan More, and

BRICS: Argentina Ditches US Dollar For IMF Payment, Pays Chinese

The new BRICS member Argentina

The new BRICS member Argentina paid the Chinese Yuan to settle an IMF payment and not the US dollar. Argentina has a shortage of the US dollar in reserves as the

Argentina's use of Chinese yuan is soaring as dollars

Argentina to pay for Chinese imports in yuan instead of dollars

Argentina will pay for Chinese

Argentina will pay for Chinese imports in yuan instead of US dollars in order to preserve its dwindling foreign reserves, Economy Minister Sergio Massa announced on

BRICS: 500 Companies to Pay for Imports in Chinese