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.
G20 leaders summit From hospital to bilateral with Xi – Alberto’s up-and-down day at the G20 16-11-2022 15:40 President Fernández had an eventful first day on Tuesday at the G20 Leaders Summit in Bali.
FOREIGN POLICY & DIPLOMACY Argentina says China will increase swap line by US$5 billion 15-11-2022 21:36 China will increase its currency swap programme with Argentina by 35 billion yuan (US$5 billion), President Alberto Fernández tells reporters.
BLOOMBERG – ANALYSIS Three signs show that Argentina is heading to a devaluation 29-06-2022 22:02 Need to increase the monetary base to meet payments on peso debts and finance spending, plus a drop in agricultural exports and an increase in energy imports, all spell trouble for Argentina's currency.
BLOOMBERG Volatility roars back to Argentina's FX market on commodities drop 27-04-2022 20:26 Volatility has come roaring back to Argentina’s currency market.
BLOOMBERG Argentina asks China to expand yuan swap to strengthen reserves 26-01-2022 13:48 Argentina has already requested the increase and the topic will be discussed next week in Beijing with Chinese President Xi Jinping when President Alberto Fernández travels there for the Winter Olympics, a second person said.