BRICS ARGENTINA ASKS CHINA FOR EXPANDED CURRENCY SWAPS IN YUAN

Argentina Has Free Access To

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

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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Depolarization as it is: Let’s call the hypothetical

BRICS: Argentina Asks China For Expanded Currency

Argentina seeks bigger China swap line to prevent

In November Last Year

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