China and South Korea have signed a new five-year bilateral currency swap agreement worth 70 trillion won ($49.24 billion / ...
If it doesn’t work, the U.S. could be stuck with a bunch of pesos that aren’t worth very much. Treasury Secretary Scott Bessent confirmed the U.S. signed a $20 billion currency swap to prop up the ...
BUENOS AIRES, Argentina — Argentina will be able to tap another $5 billion from China in a deal announced Thursday, easing some pressures on the South American nation's dwindling foreign reserves and ...
President Trump on Tuesday threatened to pull assistance for Argentina — led by a political kindred spirit whose philosophy aligns with that of the Republican administration— if the nation’s internal ...