foreign-exchange agreement between two institutions to exchange aspects of a loan in one currency for equivalent aspects of an equal in net present value loan in another currency
The Argentina-China Relationship at Its Worst Historical Moment: It was clear that the election of Javier Milei was the worst possible scenario for China ...
thediplomat.com/2024/04/the-argentina-china-relationship-at-its-worst-historical-moment/
Quick Glance: Elon Musk and Javier Milei Discuss Free Markets and Investment Opportunities
- Elon Musk and Argentine president Javier Milei met for the first time at Tesla's Texas factory.
- They discussed market liberation, eliminating bureaucratic obstacles, and investment opportunities.
- Milei unexpectedly won an election focused on spending cuts and inflation reduction.
- Both shared similar views on free markets and expressed support for Israel in conflicts.
Global firms with China units tempted by cheaper renminbi funding: Global companies with China businesses are increasingly issuing renminbi debt to finance ...
reuters.com/world/china/global-firms-with-china-units-tempted-by-cheaper-renminbi-funding-2024-04-09/
Giving up China is hard, even for Argentina’s anarcho-capitalist: President Javier Milei is taking a softer tone than he did as a candidate ...
batimes.com.ar/news/economy/giving-up-china-is-hard-even-for-argentinas-anarcho-capitalist.phtml
Russian central bank lends more Chinese yuan under currency swap operations: Russia's central bank said it had provided banks with 2.5 billion Chinese yuan ($346 ...
reuters.com/markets/currencies/russian-central-bank-lends-more-chinese-yuan-under-currency-swap-operations-2024-03-30/
Forex reserves keep eroding despite currency swap: Under the currency swap agreements introduced last month, the banking regulator took $1 ...
thedailystar.net/business/global-economy/news/forex-reserves-keep-eroding-despite-currency-swap-3577131
Chinese central bank chief highlights $550bn currency swap 'safety net': BOAO, China (Reuters) -- China's central bank will continue to promote currency ...
asia.nikkei.com/Business/Markets/Currencies/Chinese-central-bank-chief-highlights-550bn-currency-swap-safety-net
Rupee gains for third straight trading session on foreign inflows: The rupee settled at Rs 82.76 per dollar, marking the highest since September 4, 2023 ...
business-standard.com/markets/news/rupee-gains-for-third-straight-trading-session-on-foreign-inflows-124031101068_1.html
Farashuddin recommends introducing unified exchange rate: He spoke at the third AKN Ahmed Memorial Lecture on Central Banking
thedailystar.net/business/news/farashuddin-recommends-introducing-unified-exchange-rate-3561946
US$18-billion Chinese FX line eyed for US YPF judgement: Burford Capital, trying to collect on a US$16-billion US court judgement against Argentina ...
batimes.com.ar/news/economy/argentinas-us18-billion-chinese-fx-line-eyed-for-us-ypf-judgement.phtml
Currency swap pushes forex reserves above $20b: Bangladesh's foreign currency reserves have gone past the $20-billion mark after nearly a month thanks to the ...
thedailystar.net/business/economy/news/currency-swap-pushes-forex-reserves-above-20b-3550441
U.S. Dollar’s Minor Retreat Reflects Holiday Trading Slowdown: On a day characterized by subdued trading due to the US President's Day holiday ...
riotimesonline.com/u-s-dollars-minor-retreat-reflects-holiday-trading-slowdown/
BB introduces currency swap with commercial banks: Bangladesh Bank (BB) has introduced US dollars and currency (Taka) swap between the central bank and ...
en.samakal.com/business/170828436/bb-introduces-currency-swap-with-commercial-banks
#VantageOnFirstpost : #China and #SaudiArabia 's central banks have signed a currency-swap agreement. Beijing and Riyadh will now maintain reserves of Riyal and Yuan respectively ... Show more
Commentary: China seeks to lessen developing countries’ reliance on the US dollar
channelnewsasia.com/commentary/china-yuan-us-dollar-dominant-currency-swap-deal-argentina-3948331
Reps move to revive Yuan/Naira swap deal: The House of Representatives is moving to revive the Bilateral Currency Swap Agreement (BCSA) signed between Nigeria ...
premiumtimesng.com/news/more-news/653038-reps-move-to-revive-yuan-naira-swap-deal.html
China puts brake on US$6.5-billion currency swap amid Milei tensions: Chinese government puts brake on massive currency swap negotiated by former president ...
batimes.com.ar/news/economy/china-stops-us65-billion-swap-negotiated-by-alberto-fernandez.phtml
South Korean FX authorities and the National Pension Service are extending a currency swap deal of as much as $35 billion by one more year Show more
ASEAN+3 agree on new financing facility to fend off crisis: Deputies of the ASEAN+3 group of nations agreed on Thursday to set up a new regional lending facility ...
reuters.com/world/asia-pacific/japan-financial-diplomat-kanda-asean3-agree-new-lending-facility-2023-12-07/
Japan, S. Korea revive currency swap agreement as ties thaw - The Mainichi: TOKYO (Kyodo) -- Japan and South Korea signed Friday a bilateral currency swap ...
mainichi.jp/english/articles/20231201/p2g/00m/0bu/062000c
Korea, Japan clinch $10 bil. currency swap deal : Korea and Japan clinched a $10 billion currency swap deal Friday, eight years after the former deal ended ...
koreatimes.co.kr/www/biz/2023/12/175_364289.html
South Koreans cheer Japanese yen’s 15-year low by binge shopping and investing in currency
scmp.com/news/asia/east-asia/article/3243559/south-koreans-cheer-japanese-yens-15-year-low-binge-shopping-and-investing-currency
Dollar is still king, but for how much longer?: The increasingly close relationship between China and Saudi Arabia has taken another significant step forward ...
scmp.com/comment/opinion/article/3242880/dollar-still-king-how-much-longer
Why Nigeria should consider currency swap with China – Financial expert: The CBN should revisit the currency swap arrangement with China to a scale that ...
punchng.com/why-nigeria-should-consider-currency-swap-with-china-financial-expert/
China, Saudi Arabia sign 50 billion yuan currency swap agreement: China-Saudi Arabia Swap agreement to enhance bilateral financial cooperation
thenews.com.pk/latest/1130853-china-saudi-arabia-sign-50-billion-yuan-currency-swap-agreement
China and Saudi Arabia: agreement worth 50 trillion yuan: China and Saudi Arabia agree on currency swap worth 7 billion dollars. This is another step towards ...
businessinsider.de/wirtschaft/china-und-saudi-arabien-waehrungsswap-im-wert-von-50-billionen-yuan/
Why China & Saudi Arabia Have Signed A $6.9 Billion Currency Swap Deal: In a move that deepens the ties between the two countries. China and Saudi Arabia have ...
indiatimes.com/worth/news/china-saudi-arabia-6-billion-currency-swap-deal-621302.html
Hua Nan upbeat on prospects next year: Bringing Taiwan to the World and the World to Taiwan
taipeitimes.com/News/biz/archives/2023/11/17/2003809270
As run-off nears, Massa draws a yuan bridge to avoid IMF pressures : When an agreement was reached in August, the IMF’s board of directors wanted to distance ...
batimes.com.ar/news/economy/as-run-off-nears-massa-draws-a-yuan-bridge-to-avoid-imf-pressures.phtml
Massa planning IMF talks over US$12 billion due next year: Argentina's economy minister, if elected in November 19 run-off, will look to open talks with the ...
batimes.com.ar/news/economy/massa-prepares-renegotiation-with-imf-to-face-us12-billion-debt.phtml
#BSBankingShow | Last year in April, RBI did a foreign exchange swap. Now what is this currency swap, and why does RBI do it?
That’s what we are talking about in our ... Show more @TheOfficialSBI #RBI #Currency #bankingsector #banks t.co/652OKMRkiF
Dollarization, devaluation, debt: potential traps for Argentina investors: Argentines will on Sunday move a step closer to deciding who will run the $600 billion ...
reuters.com/world/americas/dollarization-devaluation-debt-potential-traps-argentina-investors-2023-10-20/
Argentina braces for election with economy in 'intensive care': As Argentina prepares for a crunch presidential election, the old adage rings true: 'it's the ...
reuters.com/world/americas/argentina-braces-election-with-economy-intensive-care-2023-10-19/
China activates $6.5 bln swap line with Argentina: Argentina's central bank said on Wednesday that China has cleared a currency swap line totaling a freely ...
reuters.com/markets/currencies/china-clears-65-bln-part-argentina-swap-line-deal-2023-10-18/
Argentina extends currency swap with China to bolster reserves: The People's Bank of China has made US$6.5 billion available to Argentina from a currency ...
batimes.com.ar/news/economy/president-confirms-argentina-has-extended-currency-swap-with-china-to-bolster-reserves.phtml
Emirati and Egyptian central banks agree to currency swap deal: Deal allows the two central banks to exchange up to five billion Emirati dirhams and 42 billion ...
aljazeera.com/news/2023/9/28/emirati-and-egyptian-central-banks-agree-to-currency-swap-deal
S.Korea FX reserves fall for second month in Sept on market intervention: South Korea's foreign exchange reserves fell for a second month in September and by the ...
reuters.com/markets/currencies/skorea-fx-reserves-fall-second-month-sept-market-intervention-2023-10-05/
S.Korea considers limiting tenure of local currency, swap traders - sources: South Korea is reviewing measures to limit currency and swap traders' tenure in ...
reuters.com/markets/asia/skorea-considers-limiting-tenure-local-currency-swap-traders-sources-2023-09-15/
Citibank Korea, JPMorgan colluded for currency swap bid: Supreme Court: The Supreme Court has ruled in favor of a decision by the Fair Trade Commission (FTC) to ...
koreatimes.co.kr/www/tech/2023/09/419_359142.html
Exclusive: Chinese exporters using currency swaps to retain dollars as yuan sags: Chinese exporters are using a complicated currency swap strategy to avoid ...
reuters.com/markets/currencies/chinese-exporters-using-currency-swaps-retain-dollars-yuan-sags-2023-08-31/
CBN’s currency swap hits $12bn amid weak reserves: It stated that this was 30 per cent of the country’s gross reserves (at $37bn as of 2022’s end) ...
punchng.com/cbns-currency-swap-hits-12bn-amid-weak-reserves/
Sri Lanka returns another $100m to Bangladesh: Sri Lanka yesterday paid back another $100 million of the $200 million it took from Bangladesh in a currency swap ...
thedailystar.net/business/news/sri-lanka-returns-another-100m-bangladesh-3408486
Chinese exporters using currency swaps to retain dollars: Chinese exporters are using a complicated currency swap strategy to avoid converting their dollar ...
thedailystar.net/business/global-economy/news/chinese-exporters-using-currency-swaps-retain-dollars-3408216
Exclusive: Argentina to use IMF money to pay back part of a currency swap with China -sources
reuters.com/world/americas/argentina-use-imf-money-pay-back-part-currency-swap-with-china-sources-2023-08-23/
Falana urges Nigerians to transact business with Chinese in naira: Falana made this known in a statement on Monday.
punchng.com/falana-urges-nigerians-to-transact-business-with-chinese-in-naira/
Sri Lanka pays back $50m to Bangladesh : Sri Lanka has paid back Bangladesh $50 million out of the $200 million loan it took under the currency swap system in ...
en.samakal.com/business/170823044/sri-lanka-pays-back-m-to-bangladesh
Opinion | Groundhog Day for Deadbeat Argentina: Another peso collapse may be coming as a presidential election approaches.
wsj.com/articles/groundhog-day-for-deadbeat-argentina-peso-imf-inflation-collapse-china-yuan-b97551c2
Bullrich would remove FX controls with IMF's help, says Laspina: Opposition presidential hopeful would seek greater support from the IMF to untangle currency ...
batimes.com.ar/news/economy/bullrich-would-remove-fx-controls-with-imfs-help-says-laspina.phtml
Argentina taps China currency swap line to help repay IMF loan
asia.nikkei.com/Spotlight/Caixin/Argentina-taps-China-currency-swap-line-to-help-repay-IMF-loan
Argentina taps China currency swap line to help repay IMF loan
asia.nikkei.com/Spotlight/Caixin/Argentina-taps-China-currency-swap-line-to-help-repay-IMF-loan
China exposure to US dollar ‘weaponisation’ demands rethink on yuan internationalisation as geopolitical...
scmp.com/economy/china-economy/article/3229877/china-exposure-us-dollar-weaponisation-demands-rethink-yuan-internationalisation-geopolitical-woes
Paid articlePaid
Analysis: China holds the key to avoiding Argentina's IMF default. The price tag is unknown
reuters.com/markets/china-holds-key-avoiding-argentinas-imf-default-price-tag-is-unknown-2023-08-02/
India and the UAE have signed a currency swap agreement that allows the use of the rupee and dirham for cross-border trade ... Show more #TheIndiaStory www.wionews.com/videos
Japan and South Korea agree to revive currency swap deal: Japan and South Korea agreed on Thursday to revive a $10 billion currency swap deal to strengthen "the ...
reuters.com/markets/currencies/japan-skorea-discuss-fx-swap-deal-first-finance-talks-7-years-2023-06-28/
US dollar may be rhetorically endangered by ‘chatter’ of BRICS currency but remains safe, for now
dailymaverick.co.za/article/2023-07-24-us-dollar-may-be-rhetorically-endangered-by-chatter-of-brics-currency-but-remains-safe-for-now/
Why African nations are keen to join the expanding BRICS club: When the BRICS summit gets under way in South Africa next month, much of the international ...
scmp.com/news/china/diplomacy/article/3227835/why-african-nations-are-keen-join-expanding-brics-club
Paid articlePaid Falana writes CBN, seeks information on Nigeria-China currency swap agreement: The swap was also designed to improve the speed, convenience, and volume of ...
punchng.com/falana-writes-cbn-seeks-information-on-nigeria-china-currency-swap-agreement/
Massa’s election bid puts IMF staff in a bind: As government seeks new deal, October presidential vote looms; Observers worry that generous terms would aid ...
batimes.com.ar/news/economy/sergio-massas-argentina-election-bid-puts-imf-staff-in-a-bind.phtml
Agreement to Resume Deal Reflects Improvement in Japan-S. Korea Relations: The improvement in Japan-South Korea ties has made significant progress ...
japannews.yomiuri.co.jp/editorial/yomiuri-editorial/20230704-120415/
Quick Glance: New Joint Declaration Expected from Japan and South Korea?
- With Japan-South Korea relations improving rapidly, there are growing calls for an updated Japan-South Korea Joint Declaration.
- The declaration, consisting of 11 items, expresses Tokyo's remorse for its past colonial rule of Korea and emphasizes a future-oriented relationship.
- It also highlights the importance of universal principles such as freedom, democracy, and the market economy, as well as close coordination on North Korea policy.
- In a positive development, Japan and South Korea co-hosted the FIFA World Cup in 2002.
China’s ‘trinket town’ at heart of push for renminbi trade: Russians lead drive to settle in Chinese currency as sanctions cut access to dollar financing
ft.com/content/8a884315-9340-4633-ad0c-fa27141c2570
Paid articlePaid Erdogan win sends stark note on economy and votes: Tayyip Erdogan’s re-election in Turkey sends a sharp message to leaders around the world: politics is trumping ...
reuters.com/breakingviews/erdogan-win-sends-stark-note-economy-votes-2023-05-29/
Quick Glance: Cem Özdemir criticizes Erdogan supporters' celebrations in Germany after Turkish election
- Özdemir warns against rejection of pluralistic democracy
- Criticism of celebrations by Erdogan supporters in Germany
- Concerns about the future development in Turkey
- Car processions are a rejection of democracy
Move over, U.S. dollar. China wants to make the yuan the global currency.: Economic crises and Western sanctions against Russia are helping China realize its ...
washingtonpost.com/world/2023/05/16/china-yuan-renminbi-us-dollar-currency-trade/
South Korea plans to discuss bilateral FX swap with Japan, finmin says: South Korea will discuss with Japan re-establishment of their bilateral foreign exchange ...
reuters.com/world/asia-pacific/south-korea-sees-annual-growth-slightly-lower-than-16-2023-06-08/
S. Korea, Japan to discuss currency swap during upcoming ministerial talks | Yonhap News Agency
en.yna.co.kr/view/AEN20230608005900320
South Korea plans to discuss bilateral FX swap with Japan, finmin says: South Korea will discuss with Japan re-establishment of their bilateral foreign exchange ...
reuters.com/world/asia-pacific/south-korea-sees-annual-growth-slightly-lower-than-16-2023-06-08/
Economy Minister Sergio Massa to fly to China for swap line talks: Argentina's economy minister will travel to China next week in a bid to free up more cash ...
batimes.com.ar/news/economy/argentina-economic-chief-sergio-massa-to-fly-to-china-for-swap-line-talks.phtml
Rs 2000 note exchange begins today, heres what you should know: Rs 2000 note exchange begins today, heres what you should know
wionews.com/india-news/rs-2000-note-exchange-begins-today-heres-what-you-should-know-595356
Argentina seeks bigger China swap line to prevent peso sell-off: Argentina’s government is asking China for an expansion of its bilateral currency swap in yuan ...
batimes.com.ar/news/economy/argentina-seeks-bigger-china-swap-line-to-prevent-peso-sell-off.phtml
Asian finance leaders look to improve market safeguards: Asian finance leaders will on Tuesday look for ways to tighten safeguards to address emergency funding ...
reuters.com/markets/asia/asian-finance-leaders-debate-beefing-up-market-safeguards-2023-05-01/
Argentina is going broke to stall a full-on currency collapse: Battle to prevent peso from facing a total meltdown is leaving the Central Bank, by some estimates ...
batimes.com.ar/news/economy/argentina-is-going-broke-to-stall-a-full-on-currency-collapse.phtml
Argentina moves away from US dollar for trade in Chinese currency: Argentina moves away from US dollar for trade in Chinese currency
wionews.com/business-economy/argentina-moves-away-from-us-dollar-for-trade-in-chinese-currency-586465
Argentina’s collapsing peso signals more pain to come: Argentina is moving closer to a breaking point as the government’s desperate measures fail to halt a ...
batimes.com.ar/news/opinion-and-analysis/argentina-cracks-as-peso-plunge-raises-risk-of-messy-devaluation.phtml
Argentina taps China swap line for imports as peso drops: Argentina will finance about US$1.8 billion of Chinese imports between April and May by tapping the ...
batimes.com.ar/news/economy/argentina-taps-china-swap-line-for-imports-as-peso-drops.phtml
$4.7B IMF loan: On course to meet most of March targets: Bangladesh is poised to meet five of the six targets set by the International Monetary Fund for March as ...
thedailystar.net/news/bangladesh/news/47b-imf-loan-course-meet-most-march-targets-3294786
Nigeria & Ghana face currency crisis | Crisis over old currency swap | World of Africa
wionews.com/videos/nigeria-ghana-face-currency-crisis-crisis-over-old-currency-swap-world-of-africa-579195
A reality check for the renminbi: Renminbi vs US dollar: It is no secret that China would like to convert the renminbi into an international currency and move ...
thedailystar.net/opinion/views/project-syndicate/news/reality-check-the-renminbi-3291426
Africa’s largest economy is running out of cash. Here’s why.: Nigeria is replacing high-denomination naira, but a shortage of new notes has led to protests and ...
washingtonpost.com/world/2023/03/02/nigeria-currency-change-naira-demonetization/
ASEAN-plus-3 nations to discuss financial cooperation in Bali this week | Yonhap News Agency
en.yna.co.kr/view/AEN20230328005700320
APC campaign council blasts Atiku over U-turn on naira redesign policy: The APC advised Nigerians to run away from Atiku, saying a man like the PDP candidate ...
premiumtimesng.com/news/top-news/583115-apc-campaign-council-blasts-atiku-over-u-turn-on-naira-redesign-policy.html
Japan says closely coordinating with BOJ, overseas authorities on banking issues: Japan's government is closely coordinating with the Bank of Japan and financial ...
reuters.com/business/finance/japan-says-closely-coordinating-with-boj-overseas-authorities-banking-issues-2023-03-17/
CPPE lauds Supreme Court order on new naira deadline: The Centre for the Promotion of Private Enterprises has lauded the restraining order of the supreme court ...
punchng.com/cppe-lauds-supreme-court-order-on-old-naira-deadline/
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