Argentina renews US$19 billion China currency swap, brushing off Washington’s pressure

Argentina has renewed its currency swap with China for five years, preserving a US$19 billion lifeline that Washington spent more than a year pressing it to give up. The Argentine central bank and the People’s Bank of China (PBOC) signed the extension of the 130 billion yuan line on Wednesday, a day before the existing

Central banks of Argentina and China renew US$19-billion bilateral currency swap. Leer más