Argentina's central bank said on Wednesday that China has cleared a currency swap line totaling a freely accessible $6.5 billion, part of a broader deal the ...
The agreement with China has helped Argentina increase its depleted foreign currency reserves.
BUENOS AIRES :Argentina's central bank said on Wednesday that China has cleared a currency swap line totaling a freely accessible US$6.5 billion, ...
The funds are the second part of the current deal that was signed in 2020 and renewed this year.
Historic bars and gaucho culture: San Antonio de Areco ... Federico Perelmuter is a freelance writer and critic who lives in Buenos Aires. Arriving in San Antonio ...
Argentina will have more access to Chinese yuan under a currency exchange deal to help prop up a plunging peso. The boost is a part of a previous swap deal ...
Argentina's central bank said on Wednesday that China has cleared a currency swap line totaling a freely accessible $6.5 billion, part of a broader deal the ...
(Bloomberg) -- The People's Bank of China made available $6.5 billion to Argentina from a currency swap line the countries share, President Alberto ...
Move comes right before Argentina's presidential election on Sunday as political uncertainty roils markets and the peso's parallel exchange rate sells off.
Economy minister says renminbi will be used to pay IMF, prop up the peso and aid importers.
(Bloomberg) -- Restrictions imposed by Argentina's government last week left as much as $500 million in US cash stranded at the country's main airport for ...
Argentina's president said the country can now tap $6.5 billion worth of Chinese yuan, up from $5 billion.
In a display of BRICS cooperation, China has agreed to a $6.5 billion currency swap with newly-invited Argentina.
Banks have seen a sharp increase in dollar withdrawals at their branches ahead of the election. Forced to import cash to meet the surge in demand, ...