Guatemala considers legalising limited dollar use

Weeks after El Salvador adopted the dollar as one of its currencies, Guatemala's Congress was considering a similar plan Monday, the Associated Press reported.

Economic minister Eduardo Weiman said he sent congress a proposal to allow the country's residents to use dollars for bank transactions, salaries or contracts. If approved, the plan could take effect in January, the AP said. "It will allow the use of the dollar in bank accounts, helping modernise the economy," Mr Weiman said.

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