People’s Bank of China Plans Greater Cooperation with Argentina’s Central Bank


The Chinese central bank and Argentina’s central bank have signed a new agreement to step up cooperation between the two monetary authorities.

The People’s Bank of China (PBOC) and the Central Bank of Argentina (CBA) executed a memorandum of cooperation on 10 August.

The two central banks agreed to “establish regular information exchange mechanisms, and engage in exchange on macro-economic conditions, monetary policy operations, payments system development, global commodities prices and other themes.”

PBOC and CBA both plan to hold specialist meetings on an annual basis to discuss the aforementioned topics.