In Kenya and Ethiopia, China is using debt distress as a strategic opening to expand the RMB’s international use.

China and South Korea have signed a new five-year bilateral currency swap agreement worth 70 trillion won ($49.24 billion / ...

SEOUL, Dec 1 (Reuters) - The central banks of South Korea and Japan sealed on Friday a $10-billion currency swap deal following an agreement between their finance ministers, the central banks said in ...

WASHINGTON (AP) — The United States directly purchased Argentine pesos on Thursday and finalized a $20 billion currency swap line with Argentina’s central bank, Treasury Secretary Scott Bessent said ...

SEOUL (Reuters) -South Korea is discussing with the U.S. various ways to set up a bilateral foreign exchange swap line as part of a trade deal over concerns about how proposed U.S. investments could ...

Nigeria has renewed its bilateral currency swap agreement with China, six years after the deal was initially struck between both countries. The Central Bank of Nigeria (CBN) and the People's Bank of ...

Poorer countries should bolster their financial defences and big bond indexes should consider rule changes, the Financial ...

This is read by an automated voice. Please report any issues or inconsistencies here. The U.S. directly purchased Argentine pesos and finalized a $20-billion currency swap to provide stability amid ...

BUENOS AIRES (Reuters) - China is on a crash course with the United States over a major Chinese currency swap deal with Argentina that has buffered the South American country's depleted foreign ...

United States Secretary of the Treasury, Scott Bessent presents an award to the President of Argentina Javier Milei at the Global Citizen Awards ceremony, Wednesday, Sept. 24, 2025, in New York. (AP ...

WASHINGTON — The United States directly purchased Argentine pesos on Thursday and finalized a $20 billion currency swap line with Argentina’s central bank, Treasury Secretary Scott Bessent said in a ...