The yuan or renminbi is the legal tender of the People's Republic of China. Argentina renewed this year a currency swap agreement with China for 130 billion yuan, (around US$ 19 billion).
At the same time, given the amount of money on the line, the IMF is nervous about all the ways Milei's program can potentially go wrong. Last week, Milei promised to remove all of Argentina's ...
Argentina is seeking a first disbursement of more than 40% under a $20-billion program it is negotiating with the International Monetary Fund (IMF), Economy Minister Luis Caputo said on Sunday.
(Reuters) - A new law could help Argentina regulate its booming cryptocurrency market as the country aims to reduce risks such as money-laundering associated with the digital assets, experts say.
Under a 2021 law, Argentina's president must seek authorization from both houses of Congress to take money from the IMF, but ...