Chinese state-owned banks are selling the yuan in the spot market and offsetting their trades with swaps, putting the brakes on a recent rise in the currency.

Donald Trump’s administration is planning to hand Javier Milei a $20bn (£15bn) lifeline as the Argentine president battles a ...

Debate around politicization of the Federal Reserve has mostly centered on its interest rate-setting independence. But ...

U.S. Treasury Secretary Scott Bessent said on the 24th, “As President Donald Trump stated, we are prepared to do everything necessary for Argentina and the Argentine people,” adding, “The Treasury ...

Treasury secretary says Washington in talks to support Argentina's Central Bank; Dollar-denominated bonds could also be ...

By bnl editorial staff Washington and Buenos Aires are negotiating a potential $20bn currency swap arrangement as the United States prepares to deploy an array of financial instruments to support ...

US Treasury Secretary Scott Bessent said Wednesday that Washington is in talks with Argentina for a swap line allowing the ...

President Donald Trump said on Tuesday the United States would help Argentina but he did not think a financial bailout was ...

For example, while Chinese exports to the United States of America and other advanced countries are of the highest quality, ...

Speaker of the Lagos State House of Assembly, Dr Mudashiru Ajayi Obasa, joined dignitaries across the Diplomatic Corps, ...

It’s time to leave the rupee alone as the inflation situation is far better now and the weakened rupee would help exporters ...

Europe has long sought to boost the euro currency’s influenceGlobal reserve managers are seeking alternatives to the ...