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Jan 17, 2025
Argentina: Promoting different currencies for payment
(link to original BIN-News-email with furthe details/ link here)
1. Argentina: Promoting different currencies for payment
Source: BIN
The 'Central Bank of the Argentine Republic (BCRA)' approved a set of regulations aimed at promoting currency competition in order to allow people and businesses to use the currency they want in their daily transactions.
These initiatives seek to equalize the efficiency of the different means of payment in both Pesos and US Dollars, boosting the use of payment instruments in dollars for commercial transactions in the local market
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