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+--- Thread: Bolivia advances in the substitution of dollars for yuan in its trade with China (/Thread-Bolivia-advances-in-the-substitution-of-dollars-for-yuan-in-its-trade-with-China)
Bolivia advances in the substitution of dollars for yuan in its trade with China - theold - 23-05-2023
In doing so, they aim to move away from the US dollar as the sole international exchange currency. This decision is seen as a solution to the currency problems faced by several Latin American countries.
Hypothetically, this path would also be beneficial for the finances of the Plurinational State of Bolivia, which is currently experiencing a shortage of the US currency, explained President Arce.
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