Argentina and China formalize currency swap deal

Argentina and China agree swap deal

Argentina and China have formalized the expansion of a currency swap agreement. According to the central bank "Banco Central de la República Argentina" (BCRA), this allows the South American country . . . To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here Subscribe Login Here

Argentina and China expand currency swap deal media

The countries commit to expanding the use of the yuan on the Argentinian market for bilateral trade China and Argentina have formalized th

Argentina finalizes currency swap with China

Argentina's Central Bank (BCRA) and the People's Bank of China (PBC) have reactivated a currency swap to help the South American country offset foreign exchange market operations and strengthen reserves.

China Formalizes Expanded Currency Swap With Argentina

China Formalizes Expanded Currency Swap With Argentina - An additional 35 billion yuan was added to the previous agreement in the latest move to further internationalize the Chinese currency

Argentina and China formalize currency swap deal

BUENOS AIRES (Reuters) - Argentina and China have formalized the expansion of a currency swap deal, allowing the South American country to increase its depleted foreign currency reserves, the Argentine central bank said on Sunday. Argentina's government needs to rebuild reserves to cover trade costs and future debt repayments, and more reserves are a key objective of a major debt deal with the International Monetary Fund (IMF). President Alb…

Argentina and China formalize currency swap deal

BUENOS AIRES (Reuters) - Argentina and China have formalized the expansion of a currency swap deal, allowing the South American country to increase its depleted foreign currency reserves, the Argentine central bank said on Sunday.