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

Asia-Pacific 2 sources 2 countries 🔦 Under-reported 46m ago

The Central Bank of Argentina and the People's Bank of China have renewed a bilateral currency swap agreement. The deal, which involves 130 billion yuan, extends the maturity of the arrangement to five years, securing financial liquidity for the Argentine government.

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South China Morning Post Highlights geopolitical defiance of United States pressure
Read the full story at the source South China Morning Post · HK
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