China and South Korea have signed a new five-year bilateral currency swap agreement worth 70 trillion won ($49.24 billion / ...

Argentina’s central bank and the US Treasury have signed a currency swap line for $20 billion, a key vote of confidence for President Javier Milei ahead of a crucial midterm election on Sunday. The ...

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 ...

WASHINGTON (AP) — The United States directly purchased Argentine pesos on Thursday and finalized a $20 billion currency swap line with Argentina’s central bank, Treasury Secretary Scott Bessent said ...

The Trump administration on Tuesday doubled down on the economic lifeline it extended to Argentina last week, a $20 billion currency swap seen as a strategic move to reinforce ties with Buenos Aires ...

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 ...