Tag: currency swap

• Monday, October 20th 2025 - 21:45 UTC

  Argentina and US finalize currency swap deal

  

  The United States and Argentina formalized a US$20 billion currency swap agreement just days before Argentina's national legislative elections next Sunday.

• Monday, December 3rd 2018 - 07:48 UTC

  President Xi on official visit to Argentina signs 30 agriculture and investment deals

  

  China's president on Sunday signed new trade deals with Argentina as the Asian giant expands its growing role in Latin American economies. Presidents Mauricio Macri of Argentina and Xi Jinping of China announced the more than 30 agriculture and investment deals during a state visit following the Group of 20 summit of leaders in Buenos Aires.

• Saturday, October 3rd 2015 - 08:47 UTC

  Argentina will pay $5.9bn mature Boden 15 bonds on Monday, and issue new debt

  

  Argentina on Monday will pay the $5.9 billion maturity due for its Boden 15 bonds in cash and issue new debt the following day, Economy Minister Axel Kicillof said on Friday. Argentina which is in technical default on some debt because of a legal fight with bondholders in the United States, targets raising $500 million in the auction of notes under Argentine law, Kicillof told a news conference.

• Wednesday, April 29th 2015 - 09:22 UTC

  Argentine central bank increases reserves to highest level since November 2013

  

  Argentina's central bank bought 630 million of dollars on the local currency market on Tuesday in one of its largest-ever purchases, a move that will bolster the country's precariously low hard currency reserves. Some 500 million of the dollars purchased were proceeds from last week's 1.5 billion auction of bonds by state energy company YPF.

• Monday, January 19th 2015 - 07:36 UTC

  Argentine central bank confirms policy restricting access to foreign currency

  

  Argentina will not end its controls restricting access to foreign currency in the near term, Central Bank President Alejandro Vanoli was quoted as saying in an interview published on Sunday in the government supported newspaper Pagina 12.

• Sunday, October 13th 2013 - 12:09 UTC

  China becomes world’ biggest net importer of oil displacing the US

  

  China has knocked the US from its top spot as the world's biggest net importer of oil, US government data shows. The country's fast-growing economy, as well as the rise in car sales, has led to its new status, according to September's data. Oil consumption in China had outstripped production by 6.3 million barrels a day, said the Energy Information Administration (EIA). In the US, the figure was 6.1 million.