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 ...

South Korean President Lee Jae Myung said a currency swap agreement is necessary to avoid an economic crisis that would ...

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 ...

President Lee Jae-myung stated in an interview with Reuters published on the 22nd, “If South Korea withdraws $350 billion in ...

Options include currency swap lines, direct currency repurchases and US dollar-denominated debt from the Treasury’s exchange ...

U.S. Treasury Secretary Scott Bessent on Monday said that "all options" were on the table for stabilizing Argentina, ...

South Korea has proposed establishing an "unlimited" currency swap with the US amid very little hope for a breakthrough in ...

South Korean President Lee Jae Myung said that President Donald Trump’s demands for a $350 billion investment in the U.S. could trigger a 1997-style Asian financial meltdown, without the necessary ...

China has renewed local currency swaps with three European central banks totaling 540 billion yuan ($75 billion), a move ...