US Treasury's Besant Confirms Direct Intervention in FX Market—'Bought Argentine Peso Today'
US Treasury official Besant confirms direct intervention in the foreign exchange market, stating he purchased Argentine pesos today to stabilize currency volatility.
US Treasury's Besant Says $20 Billion Currency Swap with Argentina Concluded
US Treasury official Besant announces completion of a $20 billion currency swap agreement with Argentina, signaling deepening financial cooperation between the two nations.
Besant - 'China Has Not Yet Achieved Balance as a Consumption-Driven Economy'
Economist highlights China's ongoing transition challenges, emphasizing the need for further reforms to shift towards a consumption-driven economic model