Argentina agrees $5 billion China currency swap extension, President
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© Reuters. FILE PHOTO: Argentine one hundred peso bills are displayed in this picture illustration taken September 3, 2019. REUTERS/Agustin Marcarian/Illustration/File Photo
BUENOS AIRES (Reuters) – Argentina has agreed to expand its currency swap deal with China by $5 billion, the South American country’s President Alberto Fernandez said on Tuesday, a move that would give it more firepower to defend the embattled local peso.
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