China's State Council approved the People's Bank of China and the Central Bank of Argentina renewing a bilateral local-currency swap line of CNY130 billion/ARS28 trillion with a five-year term, extendable by mutual consent. The pact is aimed at deepening financial cooperation, facilitating bilateral trade and supporting financial-market stability.

2026-08-06

China's State Council approved the People's Bank of China and the Central Bank of Argentina renewing a bilateral local-currency swap line of CNY130 billion/ARS28 trillion with a five-year term, extendable by mutual consent. The pact is aimed at deepening financial cooperation, facilitating bilateral trade and supporting financial-market stability.