Argentina’s central bank and the People’s Bank of China announced on 5 August 2026 that they have renewed their bilateral currency swap agreement, extending the duration from the previous three‑year term to a new five‑year term. The renewed arrangement will involve a total notional amount of 130 billion yuan, which the Argentine monetary authority equated to roughly $19.26 billion based on prevailing exchange rates. The statement confirming the renewal was released by the Argentine monetary authority and subsequently verified by the People’s Bank of China. This extension continues the existing framework for bilateral liquidity support between the two central banks, facilitating foreign‑exchange operations and stabilising market access for both economies.