Currency swaps silently set the stage for a lot of economic activity worldwide. According to the latest reliable data, global daily currency swaps in 2022 was about $400 billion, around 5% of the $8.1 ...

BEIJING -- The People's Bank of China, the country's central bank, has renewed a bilateral currency swap agreement with the ...

The central banks of Korea and China renewed their currency swap agreement for another five years, with a maximum value of 70 ...

According to a report by the South China Morning Post (SCMP) on October 22, China is in discussions with Korea and Japan regarding the possibility of ...

Discover how asset swaps can transform financial instruments, hedge risks, and manage cash flows by exchanging fixed and floating assets in derivative contracts.

Argentina’s central bank and the US Treasury signed a currency swap line for $20 billion, a vote of confidence for President Javier Milei ahead of a crucial midterm election. But with details still ...

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 ...

MUMBAI, Sept 19 (Reuters) - Indian firms are opting for cross-currency swaps to convert part of their rupee debt into dollars in an attempt to trim borrowing costs as U.S. interest rates decline, six ...

BEIJING/CAIRO (Reuters) - China and Egypt on Tuesday concluded an 18 billion yuan ($2.62 billion) three-year bilateral currency swap, a move that importers and economists said would facilitate trade ...

The central banks of Korea and China have renewed their currency swap agreement for another five years, the Bank of Korea (BOK) said Monday.

United States Secretary of the Treasury, Scott Bessent presents an award to the President of Argentina Javier Milei at the Global Citizen Awards ceremony, Wednesday, Sept. 24, 2025, in New York. (AP ...