Argentina will pay in yuan instead of dollars :

 

Argentina has announced that it will pay for a billion dollars of imports from China in April in yuan instead of dollars.

 

Now, to understand the importance of this historic event…

Starting from April, $790 million of imports will be paid in RMB every month. Now, to understand the importance of this historic event, it is enough to know that the citizens of Argentina have 200 billion dollars in paper money!

 

 This means they own 10% of all physical dollar bills in the world.