In the midst of the changes that are being experienced in Argentina, particularly established by President Javier Milei, the country is at the top of the adoption of cryptocurrencies.
It is estimated that in the country, more than 20 % of citizens own and trade digital currencies, which is…
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local currency
Devaluation of the bolivar promotes payment alternatives in the commercial sector
The devaluation of the bolivar, the legal tender in Venezuela, has boosted creativity among the merchants of the Monseñor José Vicente de Unda municipality, Portuguesa state, who have adopted coffee as their local currency.
In an interview…
Colombian banks rule out local liquidity problems
This Wednesday the manager of the Bank of the Republic of Colombia, Juan José Echavarría, indicated that in the South American country they ruled out local liquidity problems in the next two months due to the supply of resources released by…
China places its currency at 7 yuan per dollar
The People's Bank of China (BPC) set this Thursday, for the first time since the Great Recession, the reference exchange rate of the Asian giant's currency above the threshold of 7 yuan per dollar, after the price of the Chinese currency…