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 ...

China and South Korea have signed a new five-year bilateral currency swap agreement worth 70 trillion won ($49.24 billion / ...

A one hundred Argentine peso bill sits on top of several one hundred U.S. dollar bills in this illustration picture taken October 17, 2022. REUTERS/Agustin Marcarian/Illustration (Reuters) -The U.S.

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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 ...

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 ...

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 ...