News of currency swap

Argentina’s new bonds plunge deep into distressed territory

21-09-2020 17:11 Argentina’s new dollar bonds have plunged back into distressed territory just two weeks after the nation restructured almost US$65 billion in debt.

CENTRAL BANK

Central Bank renews currency swap deal with China for another three years

07-08-2020 10:37 Argentina and China formally sign agreement to renew existing swap line worth 130 billion yuan (US$18.7 billion).

Bloomberg

Peso to weaken against dollar even more, says top forecaster

16-01-2020 07:44 Analyst predicts peso may reach 100 per greenback by end of the year – a 40 percent decline from the official rate now.

Bloomberg

Argentine bondholders pull out old guidebook to flee country

08-09-2019 08:55 “Many investors thought Argentina was on its way to becoming Chile or Colombia – stable, investment grade,” said Leo Chialva, a partner at Buenos Aires-based consulting firm Delphos Investment. “Those large funds are horrified by the latest measures.”