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Currency swap: News & Analysis

Coverage of "Currency swap" on Cryptosearcher: the stories and the context behind them.

Finance

Argentina locks in $19 billion Chinese lifeline until 2028, defying U.S. pressure

Argentina renewed its $19 billion currency swap with China through 2028, securing over 40% of its reserves despite U.S. pressure to reduce Beijing dependence. The five-year extension gives the Milei government key breathing room before the next presidential election.

August 5, 2026

Argentina locks in $19 billion Chinese lifeline until 2028, defying U.S. pressure