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.

China, Argentina renew bilateral currency swap deal
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  • 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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