Argentina's central bank chief met with China's central bank governor in Shanghai, signaling potential renewal of a $19 billion currency swap expiring August 6 despite U.S. pressure to abandon the arrangement. Buenos Aires publicly denied swap renewal was discussed, though Argentine media reports indicate talks are advancing toward extending the agreement.
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Argentina's central bank chief met with China's central bank governor in Shanghai, signaling potential renewal of a $19 billion currency swap expiring August 6 despite U.S. pressure to abandon the arrangement. Buenos Aires publicly denied swap renewal was discussed, though Argentine media reports indicate talks are advancing toward extending the agreement.