Argentina's central bank enables yuan deposits for local bank accounts


  • World
  • Saturday, 01 Jul 2023

BUENOS AIRES, June 30 (Xinhua) -- The Central Bank of Argentina has announced it will allow financial institutions to use the Chinese yuan, or renminbi, as a currency for collecting deposits by individuals and legal entities.

According to a statement released Thursday, financial institutions will be able to open both checking and savings accounts denominated in the Chinese currency.

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