Argentina edges back to China on currency swap despite US pressure

Argentina’s top central banker sat down with his Chinese counterpart in Shanghai, a quiet overture towards Beijing months after Buenos Aires moved to unwind a currency lifeline that Washington had pushed it to abandon. Santiago Bausili, president of the Central Bank of the Argentine Republic, met People’s Bank of China governor Pan Gongsheng on the sidelines of an international symposium organised by the Bank for International Settlements and China’s central bank, according to a statement fro...

By Igor Patrick