News of swap

Bessent says US negotiating US$20-billion swap line with Argentina

Today 10:50 US Treasury Secretary Scott Bessent says fresh aid a “bridge to the election,” referencing Argentina’s midterms on October 26.

US-ARGENTINA RELATIONS

'We're gonna help': Trump says he will come to the rescue of struggling Argentina

Today 10:25 Markets reacted positively to Trump's show of support; US Treasury ready to "do what is needed" to help stabilise markets in Argentina

US-ARGENTINA RELATIONS

US to support Argentina with US$20-billion currency swap, bond purchases

Today 10:09 Treasury secretary says Washington in talks to support Argentina's Central Bank; Dollar-denominated bonds could also be purchased, with US investment likely to increase should next month's crucial midterms go Milei's way.

ANALYSIS: SHOCK THERAPY

Milei’s foreign-exchange shake-up has brokers moving into banking

02-07-2025 11:42 Brokerages are restructuring after President Javier Milei took away lucrative arbitrage opportunities that juiced their business when he rolled back capital controls.

CURRENCY SWAP

Argentina renews part of China swap ahead of Bessent visit

10-04-2025 17:13 Argentina renews a portion of its US$18-billion currency swap line with China; Activated part being extended for another 12 months amounts to US$5 billion.

ECONOMY – ANALYSIS

IMF deal fine print could disrupt China swap renewal

10-04-2025 05:36 In June, the grace period China granted Javier Milei expires. Washington is already pressuring Buenos Aires over the currency swap, with US$6.5 billion remaining frozen.

by Eugenia Muzio

DIPLOMACY

US reporter to be freed by Russia in major prisoner swap

01-08-2024 14:37 Russia is releasing Wall Street Journal reporter Evan Gershkovich and former US Marine Paul Whelan as part of a major prisoner swap with the US, according to people familiar with the situation.

MONETARY POLICY

Argentina to sell dollars in parallel FX market to shore up peso

14-07-2024 09:31 Central Bank will sell US dollars in the country’s parallel foreign exchange markets starting Monday, says Economy Minister Luis Caputo.

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.

DEBT SWAP OFFER

Government proposes peso debt swap that may top US$71 billion

05-01-2024 14:30 Argentina’s government is proposing a debt swap to banks in the country that could top US$71 billion for peso notes due this year with the aim of postponing maturities and reducing the financial deficit to zero.

FOREIGN POLICY

China puts brake on US$6.5-billion currency swap amid Milei tensions

19-12-2023 18:09 Chinese government puts brake on massive currency swap negotiated by former president Alberto Fernández; Beijing awaiting firm signals from Javier Milei’s administration, who stated during campaign that we would not “negotiate with communists."

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.

Bloomberg

Peso tumbles with dollarisation rush amping up before vote

05-10-2023 17:25 Argentina’s peso is tumbling as Argentines rush to exchange pesos for dollars ahead of presidential elections later this month, posting its worst losses since an August sell-off.

THIRST FOR DOLLARS

Argentines’ love of dollars creates a windfall for local brokers

02-10-2023 16:53 Argentina’s economic disaster has sent inflation soaring and pushed poverty levels toward a 15-year high. But for local brokerages, the chaos has fuelled a boom unlike anything industry veterans can remember.

News of swap

Bessent says US negotiating US$20-billion swap line with Argentina

'We're gonna help': Trump says he will come to the rescue of struggling Argentina

US to support Argentina with US$20-billion currency swap, bond purchases

Milei’s foreign-exchange shake-up has brokers moving into banking

Argentina renews part of China swap ahead of Bessent visit

IMF deal fine print could disrupt China swap renewal

US reporter to be freed by Russia in major prisoner swap

Argentina to sell dollars in parallel FX market to shore up peso

Central Bank says China currency swap renewed until July 2026

IMF expects China to reschedule billions in Argentina’s debt

Top officials to meet People's Bank of China chief amid swap talks

Central Bank chief Bausili among top officials headed to China

Government proposes peso debt swap that may top US$71 billion

China puts brake on US$6.5-billion currency swap amid Milei tensions

China lets Argentina tap extra US$6.5 billion from swap line

Peso tumbles with dollarisation rush amping up before vote

Argentines’ love of dollars creates a windfall for local brokers

United States to support Argentina with US$20-billion currency swap, says Bessent

'We're gonna help': Trump says he will come to the rescue of struggling Argentina

China buys more Argentine soybeans as tax relief spurs trade

Bessent says US negotiating US$20-billion swap line with Argentina

Trump slams UN, Europe, immigration in General Assembly speech

Gurú de Wall Street advierte que el apoyo de EE.UU. "es la medicina equivocada" para la economía Argentina

La Corte Suprema dejó firme la condena para el expolicía que secuestró y torturó a Piumato en 1976

Confirmaron que los cuerpos pertenecen a las tres chicas desaparecidas e investigan la pista narco

Buscan a tres chicas que desaparecieron en La Matanza: investigan manchas de sangres en un campo y una camioneta blanca

El Gobierno derogó la Ley de Góndolas, la Ley de Abastecimiento y Precios Justos