China, Argentina renew bilateral currency swap deal
China's People's Bank of China and Argentina's central bank have renewed a five-year bilateral currency swap agreement worth 130 billion yuan or 28 trillion Argentine pesos.
- Country:
- China
Chinese and Argentine central banks renewed a bilateral currency swap agreement for five years, the People's Bank of China said on Thursday.
The size of the swap is 130 billion yuan ($19.3 billion) or 28 trillion Argentine pesos, the central bank statement showed.
($1 = 6.7488 Chinese yuan renminbi)
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