以下就转载一篇Examiner.com的新闻报道:
Argentina looks to save their economy by skipping dollars and trading in Yuan
On Sept. 7,
The economically depressed state of Argentina became the next
country to detach itself from the dollar in international trade,
and form a new agreement with China to begin trading in Yuan currency. This
agreement, which will facilitate China supplying Argentina with the equivalent
of $11 billion in Yuan, is meant to strengthen the South American power and
help them ease the constraints of rising inflation, price controls, and foreign
reserves.
The economically depressed state of Argentina became the next
country to detach itself from the dollar in international trade,
and form a new agreement with China to begin trading in Yuan currency. This
agreement, which will facilitate China supplying Argentina with the equivalent
of $11 billion in Yuan, is meant to strengthen the South American power and
help them ease the constraints of rising inflation, price controls, and foreign
reserves.
The transaction will be done through each respective country's central banks, with much of this currency being intended for future trade with China that will also alleviate some of Argentina's supply shortages that have brought about civil unrest, and black market activities. In fact, Argentina's black market is so great that you can now find vendors on nearly every street corner hawking the chance to change U.S. dollars into a local currency known as Dolar Blue. These 'arbolitos' as the currency exchangers are called, make up the
primary trade between foreign tourists and local shopkeepers who desperately
need hard currencies and are willing to provide a street currency that isn't as
tainted as the Argentinian Peso.
primary trade between foreign tourists and local shopkeepers who desperately
need hard currencies and are willing to provide a street currency that isn't as
tainted as the Argentinian Peso.
Argentina, which defaulted on its debt in July, will receive the first tranche of a
multi-billion dollar currency swap operation with China's central bank before
the end of this year, the South American country's La Nacion newspaper reported on Sunday. The swap will allow Argentina to bolster its foreign reserves or pay for Chinese imports with the yuan currency at a time weak export revenues and an ailing currency have put the Latin American nation's foreign reserves under intense pressure.
multi-billion dollar currency swap operation with China's central bank before
the end of this year, the South American country's La Nacion newspaper reported on Sunday. The swap will allow Argentina to bolster its foreign reserves or pay for Chinese imports with the yuan currency at a time weak export revenues and an ailing currency have put the Latin American nation's foreign reserves under intense pressure.