BRICS ARGENTINA ASKS CHINA FOR EXPANDED CURRENCY SWAPS IN YUAN

Last updated: June 15, 2025, 23:16  |  Written by: Cathie Wood

Brics Argentina Asks China For Expanded Currency Swaps In Yuan
Brics Argentina Asks China For Expanded Currency Swaps In Yuan

Argentina Has Free Access To

Argentina has free access to some US$5 billion as part of the China currency swap agreement that totals 130 billion yuan (US$18.81 billion). The two countries

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In November Last Year

Argentina seeks bigger China swap line to prevent

In November last year, Argentina expanded a currency swap with China by $5 billion, seeking to strengthen Argentina’s international reserves. The agreement will allow

De-dollarization as it is:Let’s call the hypothetical currency the ‘bric’

BRICS: Argentina Asks China For Expanded Currency

Argentina extends currency swap with China, defusing

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Argentina Gets a Lifeline from China to Reinforce

Cathie Wood can be reached at [email protected].

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