Argentina's currency crisis is so severe that it

Argentina facing severe shortage of US dollars

Argentine peso depreciated by almost 80% against the US dollar since 2020

Argentina allowing commercial banks to open deposit accounts in Chinese yuan

Central Bank of Argentina approves Chinese yuan for savings and checking accounts

Argentina's securities regulator permits issuance of securities in Chinese yuan

Argentina paying for imports from China in yuan

Argentina makes $2.7 billion payment to IMF in yuan

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