bne IntelliNews on MSN
US made money off Argentine currency swap, Treasury secretary confirms
By Mathew Cohen United States Treasury Secretary Scott Bessent announced that the US government has profited from the $20bn ...
(Reuters) -The U.S. government "made money" by giving support to the Argentine central bank ahead of last month's midterm ...
The U.S. may have transferred nearly $900 million of its IMF reserves to Argentina, in a transaction that occurred just ...
The International Monetary Fund has warned of currency risks arising for nations such as Kenya and Ethiopia that are swapping ...
The People's Bank of China (PBC), the central bank, announced on Monday that it recently renewed its bilateral local currency swap agreement with the Bank of Korea for another five years, a move that ...
The International Monetary Fund (IMF) just issued a warning to countries converting their dollar loans from China into yuan.
The Chosun Ilbo on MSN
South Korea, China Renew 70 Trillion Won Currency Swap Agreement
On the 1st, the central banks of South Korea and China renewed a 5-year maturity 70 trillion won (400 billion yuan)-scale ...
LONDON (Reuters) – As dollars dry up, global finance is growing increasingly dependent on opaque currency trading to keep cash flowing. Banks and other short-term dollar borrowers are becoming ever ...
The pressure on Argentina’s reserves predated the increase in uncertainty ahead of Argentina’s October election, and it is unlikely to dissipate in full even after Milei’s victory.
The rates and swap durations have not yet been finalised, but the Bangladesh Bank will soon issue a detailed circular specifying them ...
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