December 2, 2018 / 4:25 PM / 9 days ago

Argentina, China extend currency swap by $8.6 bln

BUENOS AIRES, Dec 2 (Reuters) - Argentina’s central bank signed a deal with China on Sunday to extend a currency swap by $8.6 billion, during a state visit by Chinese President Xi Jinping, the bank said in a statement.

The new deal brings the total swap amount to $18.69 billion. The agreement is an extension of a swap first signed between the two countries’ central banks in July 2017. (Reporting by Cassandra Garrison, editing by Ross Colvin)

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