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Central Bank Says China Clears Additional $6.5 Billion In Swap Line

ARGENTINA
  • ARGENTINA CENBANK SAYS CHINA CLEARS $6.5 BLN IN SWAP LINE - STATEMENT - [RTRS]
  • Economy Minister Sergio Massa makes comments regarding the China swap via X:
  • (Translated) “As of today, we go from 5,000 to 11,500 million dollars of free availability of the swap with China. It is very important to accelerate the flow of imports, strengthen reserves, and essential to pay maturities as we did with the IMF.”
  • “I want to thank the Chinese Central Bank and the government of China for accompanying Argentina in strengthening its reserves, in the context of the worst drought in its history.”

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