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Further Discussions => Banks & Cryptos => Topic started by: sirty143 on July 14, 2023, 08:05:23 AM

Title: Central Bank of Argentina Accelerates Yuan Sales and Dollar Purchases as Reserve
Post by: sirty143 on July 14, 2023, 08:05:23 AM

Central Bank of Argentina Accelerates Yuan Sales and Dollar Purchases as Reserves Dwindle

(https://i.imgur.com/ACazpBLm.jpg)

The Central Bank of Argentina has accelerated the sale of its Chinese yuan stash, using part of the swap line provided by the government of China while it tries to acquire dollars simultaneously. See more for yourself here (https://news.bitcoin.com/central-bank-of-argentina-accelerates-yuan-sales-and-dollar-purchases-as-reserves-dwindle/).

Your opinion is greatly appreciated.

Title: Re: Central Bank of Argentina Accelerates Yuan Sales and Dollar Purchases as Reserve
Post by: cryptoworld1 on August 27, 2023, 08:11:10 AM

The Central Bank of Argentina has accelerated the sale of its Chinese yuan stash, using part of the swap line provided by the government of China while it tries to acquire dollars simultaneously. According to local sources, the country’s reserves have plunged to their lowest levels in eight years.