Argentina will pay for Chinese imports in yuan instead of dollars to preserve its shrinking greenback reserves

• Argentina will start paying for Chinese imports in yuan instead of dollars, Reuters reported.
• The country wants to preserve its dwindling greenback reserves.
• A historic drought has hit Argentina's agricultural exports, meaning fewer dollars are coming in.

Argentina will start buying the bulk of its Chinese imports in yuan instead of dollars, as it seeks to preserve its shrinking supply of greenbacks, the nation's economy minister said on Wednesday, according to Reuters. 

"Following the worst drought in history, Argentina must keep its (foreign) reserves robust," Sergio Massa said, per Anadolu Agency.