Ads champion the value of new bank accounts in dollars.
And some stores have two sets of price tags ready to go. Guatemala was gearing up to become the fourth Latin American country to adopt the U.S. dollar on Tuesday, when a law was scheduled to go into force allowing residents to demand their paychecks in greenbacks, open bank accounts in dollars and settle bills using any foreign currency. But late Monday, Guatemala's highest court delayed the measure taking effect after unions representing teachers, doctors and others claimed the law was unconstitutional. It was unclear when judges would rule. In its complaint, the group argued that only the central bank has the power to control the flow of dollars in and out of the country.