# Argentina's central bank says it signed $20 billion currency swap deal with US | Reuters

> Argentina's central bank said it signed a $20 billion currency swap agreement with the US. The Argentine peso closed at a record low of 1,475 per dollar, down 1.7% on the day. The central bank said the pact is part of a broader strategy to respond to foreign exchange and capital market volatility.

- Date: 2025-10-20 · published 2025-10-20T12:00:00.000Z
- Category: policy · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/22714-argentina-s-central-bank-says-it-signed-20-billion-currency-swap-deal-with-us
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

The swap gives Argentina more dollar liquidity, but a record-low peso makes Argentine soymeal and grain cheaper for export buyers, which can pressure world meal prices.

## Read by commodity

- USDARS: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/world/americas/argentinas-central-bank-says-it-signed-20-billion-currency-swap-deal-with-us-2025-10-20/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.