The latest transaction enables Engro to effectively hedge interest rate risk on its long-term local currency exposure, enhancing cash flow visibility and reinforcing its financial risk management ...
New York Fed inquiries about the cost of exchanging yen for dollars signaled to traders on Friday that the U.S. government might make a large purchase of the Japanese currency. By Joe Rennison Alan ...
BUENOS AIRES, Jan. 13 (UPI) --Argentina has repaid $2.5 billion to the U.S. Treasury, returning funds it received in October under a $20 billion currency swap agreement, authorities from both ...
Argentina repays US for currency swap line used late 2025 $20 billion deal announced days before key election Bessent signals ongoing support for Trump ally Milei BUENOS AIRES, Jan 9 (Reuters) - ...
India’s central bank injected $5 billion through a foreign-exchange swap auction, deploying the tool for the first time since March as signs of liquidity strain emerge among lenders. The operation is ...
The International Monetary Fund has warned of currency risks arising for nations such as Kenya and Ethiopia that are swapping dollar loans from China into yuan to tame debt costs. Switching currencies ...
China and South Korea signed a $49 billion (₩70 trillion), five-year currency swap deal. The agreement renews a previous swap that expired in October, aiming to stabilize markets, ease trade, and ...
Swapping crypto means exchanging one token directly for another, without converting to fiat money first. For example, many traders use crypto swap platforms to exchange USDT to Bitcoin instantly and ...
During the U.S. federal government shutdown in October 2025, rumors spread that President Donald Trump sent a multibillion-dollar "bailout" to help stabilize Argentina 's economy using taxpayers' ...
If it doesn’t work, the U.S. could be stuck with a bunch of pesos that aren’t worth very much. Treasury Secretary Scott Bessent confirmed the U.S. signed a $20 billion currency swap to prop up the ...
Argentina's central bank (BCRA) has signed a $20B currency stabilization agreement with the U.S. Treasury Department, less than a week before the country's key midterm legislative elections. The ...
Argentina signed off on a $20 billion financial lifeline from the U.S. on Monday, hoping to avert economic meltdown and boost President Javier Milei ahead of tough legislative elections. President ...