BUENOS AIRES, Jan 9 (Reuters) - Argentina has repaid the ‌United ​States for a currency swap framework ‌it provided to the ...
Syria will start swapping old banknotes for ‍new ones ‍from January 1, 2026, Central Bank Governor Abdelkader Husrieh said on Thursday, under a plan to replace Assad-era notes to try to strengthen ...
India’s central bank injected $5 billion through a foreign-exchange swap auction, deploying the tool for the first time since March as signs of liquidity strain emerge among lenders. The operation is ...
Kathleen Walsh has received funding from the Australian Research Council and UTS:ACRI. Luke Deer and Wei Li do not work for, consult, own shares in or receive funding from any company or organization ...
The International Monetary Fund has warned of currency risks arising for nations such as Kenya and Ethiopia that are swapping dollar loans from China into yuan to tame debt costs. Switching currencies ...
Kenya has converted part of its Chinese loans from U.S. dollars into renminbi (RMB), while Ethiopia is negotiating a similar arrangement. These conversions provide fiscal relief while embedding ...
Treasury Secretary Scott Bessent hit back at Sen. Elizabeth Warren, D-Mass., defending the Trump administration’s decision to provide Argentina a $20 billion currency swap line with Argentina’s ...
If it doesn’t work, the U.S. could be stuck with a bunch of pesos that aren’t worth very much. Treasury Secretary Scott Bessent confirmed the U.S. signed a $20 billion currency swap to prop up the ...
Argentina's central bank (BCRA) has signed a $20B currency stabilization agreement with the U.S. Treasury Department, less than a week before the country's key midterm legislative elections. The ...
Argentina signed off on a $20 billion financial lifeline from the U.S. on Monday, hoping to avert economic meltdown and boost President Javier Milei ahead of tough legislative elections. President ...
Argentina's central bank and the U.S. Treasury have signed a currency swap line for $20 billion, a key vote of confidence for President Javier Milei ahead of a crucial midterm election on Sunday. The ...