Latam Insights: Bolivia Mulls Chinese Yuan for Trade Settlements, Steve Hanke Proposes 30-Day Solution for Venezuelan Inflation – Bitcoin News

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Latam Insights: Bolivia Mulls Chinese Yuan for Trade Settlements, Steve Hanke Proposes 30-Day Solution for Venezuelan Inflation – Bitcoin News
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In this issue, Bolivia mulls using the Chinese yuan in international settlements, inflation reaches 108.8% in Argentina, and Steve Hanke states he can eliminate Venezuelan inflation in 30 days.

In this issue, Bolivia mulls using the Chinese yuan in international trade settlements, inflation reaches 108.8% in Argentina, and Steve Hanke states he can eliminate Venezuela’s inflation in 30 days.The government of Bolivia has announced it is considering the usage of the Chinese yuan as a replacement for the US dollar for international trade settlements.

Bolivia recently passed a law to sell half of its gold reserves for dollars to give a solution to its dollar liquidity issues.The National Statistics Institute of Argentina has delivered the price data corresponding to April,

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