Dedollarization: As far as the IMF is concerned – the yuan is as good as the greenback

FILE PHOTO: U.S. dollar banknote is seen in this picture illustration taken May 3, 2018. REUTERS/Dado Ruvic/Illustration
Zero Hedge: In the first of the two most recent examples of how non-western nations plan to avoid the weaponized dollar, late last week Argentina made a loan repayment to the International Monetary Fund worth the equivalent of $2.7 billion “without using dollars” on Friday, using Chinese yuan and special-drawing rights notes instead, Reuters reported. The operation is expected to deplete Argentina’s $1.65 billion in SDRs, according to a central bank source, “with yuan making up the difference.” While Reuters’

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