FEATURE-Argentine farmers shun peso for a bag of beans

Newswire

By Damian Wroclavsky BUENOS AIRES, Argentina, Nov 24 (Reuters) - In Argentina, where economic chaos has given birth to 11 different currencies issued by cash-hungry local governments, farmers have found a bushel of soybeans is worth more than a bag of banknotes. In a bankrupt country where a massive debt default and a freeze on bank deposits have made credit nonexistent or prohibitively expensive, farmers in what is still an agricultural powerhouse have found a currency strong enough to ...

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