Global Banking Monitor

Sunday, December 10, 2023

Dollar to Weaken Over Next 2 Years, UniCredit Says

UniCredit Research expects “moderate dollar weakness” over...

Bank of Canada Governor Indicates Potential Cease in Interest Rate Increases

Bank of Canada Governor Tiff Macklem recently...

Tag: swap

China and Saudi Arabia Seal $7 Billion Currency Swap Agreement

China and Saudi Arabia signed a local-currency swap agreement worth around $7 billion, deepening their ties as countries across the Middle East and emerging...

Carvana Scraps $1 Billion Debt Swap as Creditors Refuse to Agree

Carvana Co. canceled a $1 billion debt swap after a group of creditors refused to exchange their notes, posing a challenge as the used...

Argentina Boosts Currency Swap Access with China, Reaching $10 Billion

Argentina has signed a deal to renew its currency swap line with China and double the amount it can access to near $10 billion,...

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