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

South China Morning Post

BusinessSouth China Morning Post·Aug 6, 2026·1 min read

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…

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