BRICS: Argentina Asks China For Expanded Currency Swaps in Yuan

BRICS: Argentina Asks China For Expanded Currency Swaps in Yuan

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Argentina is reportedly asking China for expanded currency swaps in the yuan amidst a peso sell-off. Moreover, the government is reportedly seeking to build up its central bank reserves as the nation’s inflation is currently running above 100%. Bloomberg reported the request, as the country’s…

#argentina #sergiomassa #beijing #massa #brics #chineseyuan #peso #imf #peoplesbankofchina #internationalyuan

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