Ties with China strengthened by incorporation of yuan: Argentine central bank chief

STORY: Ties with China strengthened by incorporation of yuan: Argentine central bank chief DATELINE: July 3, 2023 LENGTH: 00:02:32 LOCATION: Buenos Aires CATEGORY: ECONOMY SHOTLIST: 1. various of street view of Buenos Aires 2. SOUNDBITE 2 (Spanish): MIGUEL ANGEL PESCE, Argentine Central Bank President 3. various of street view of Buenos Aires 4. SOUNDBITE 2 (Spanish): MIGUEL ANGEL PESCE, Argentine Central Bank President STORYLINE: The Central Bank of Argentina has announced it will allow financial institutions to use the Chinese yuan, or renminbi (RMB), as a currency for collecting deposits by individuals and legal entities. According to Argentine Central Bank President Miguel Angel Pesce, this move will further strengthen the relationship between Argentina and China. SOUNDBITE 1 (Spanish): MIGUEL ANGEL PESCE, Argentine Central Bank President "From the moment China posed the internationalization of renminbi, Argentina has supported this process, like most countries in the world, which had a fundamenta