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Argentina edges back to China on currency swap despite US pressure

Argentina edges back to China on currency swap despite US pressure
Key Points

Argentina’s top central banker sat down with his Chinese counterpart in Shanghai, a quiet overture towards Beijing months after Buenos Aires moved to unwind a currency lifeline that Washington had pushed it to abandon. Santiago Bausili, president of the Central Bank of the Argentine Republic, met People’s Bank of China governor Pan Gongsheng on the sidelines of an international symposium organised by the Bank for International Settlements and China’s central bank, according to a statement...

Argentina’s top central banker sat down with his Chinese counterpart in Shanghai, a quiet overture towards Beijing months after Buenos Aires moved to unwind a currency lifeline that Washington had pushed it to abandon. Santiago Bausili, president of the Central Bank of the Argentine Republic, met People’s Bank of China governor Pan Gongsheng on the sidelines of an international symposium organised by the Bank for International Settlements and China’s central bank, according to a statement from... [Image text:] PBOC-BIS SYMPOSIUM Navigating Glo ancial Uncertal Financial Market Developn Investment S andthe Inte
Argentina (LOCATION) China (LOCATION) US (LOCATION) Chinese (ORG) Shanghai (LOCATION) Beijing (LOCATION) Buenos Aires (LOCATION) Washington (LOCATION) Santiago Bausili (PERSON) the Central Bank (ORG) the Argentine Republic (LOCATION) People’s Bank of China (ORG) Pan Gongsheng (PERSON) the Bank for International Settlements (ORG)
Originally published by South China Morning Post Read original →