CURRENCY SWAP Central Bank says China currency swap renewed until July 2026 12-06-2024 22:26 Central Bank renews a roughly US$5-billion portion of its currency swap line with the People’s Bank of China for another two years.
CHINA CURRENCY SWAP IMF expects China to reschedule billions in Argentina’s debt 12-06-2024 11:34 IMF expects China to reschedule payments from the US$18-billion swap line that it has extended to Argentina.
Foreign relations & diplomacy Top officials to meet People's Bank of China chief amid swap talks 26-04-2024 17:20 Argentina’s Central Bank Governor Santiago Bausili and Finance Secretary Pablo Quirno are scheduled to meet with People’s Bank of China Governor Pan Gongsheng in Beijing on Monday.
RELATIONS WITH CHINA Central Bank chief Bausili among top officials headed to China 18-04-2024 18:02 Top government officials are preparing to visit China in the next few weeks as President Javier Milei ditches his aggressive rhetoric against Beijing in a bid to deepen ties with a key trade partner.
HELP FROM BEIJING China lets Argentina tap extra US$6.5 billion from swap line 18-10-2023 14:01 Move comes right before Argentina’s presidential election on Sunday as political uncertainty roils markets and the peso’s parallel exchange rate sells off.
BEIJING & BUENOS AIRES Argentina renews China currency swap deal to strengthen reserves 02-06-2023 16:39 Government renews three-year currency swap line with China in bid to boost Central Bank reserves.
BUENOS AIRES & BEIJING China allows Argentina to spend up to US$10 billion of currency swap line 02-06-2023 13:20 Chinese officials approve Argentina tapping up to 70 billion yuan (US$9.89 billion) of currency swap line, double the previous limit, according to a Central Bank statement.
CURRENCY SWAP Argentina seeks bigger China swap line to prevent peso sell-off 24-05-2023 10:48 Argentina’s government is asking China for an expansion of its bilateral currency swap in yuan as it seeks to build up reserves.
Bloomberg Lula to send finance minister to China in push for Argentina aid 20-05-2023 08:47 Brazil's push to support Argentina through its economic crisis set to continue in China.
BLOOMBERG – ANALYSIS Central banks use record amount of yuan via PBOC swaps 16-05-2023 10:59 Global central banks tapped a record amount of the Chinese currency in foreign-exchange swap lines in the first quarter, in another indication of the yuan’s growing international status.
MARKET RUMOURS Argentina brokerage apologises after spreading devaluation rumour 22-04-2023 18:26 Brokerage firm Max Capital Valores said it “deeply regretted” spreading misinformation over a currency devaluation of the nation’s official exchange rate.