Argentina in swap line talks with China

FILE PHOTO: Argentina's new Economy Minister Sergio Massa talks to the media after being sworn in, at the Economy Ministry in Buenos Aires, Argentina, August 3, 2022. REUTERS/Matias Baglietto

BUENOS AIRES: Argentine Economy Minister Sergio Massa will travel to China this week in a bid to free up more cash from a currency swap line that could help stem a peso sell-off before this year’s presidential election.

Massa, who participated in campaign-style events at the weekend, will arrive in Shanghai May 30 and then head to Beijing for meetings on June 2, according to an official itinerary sent by the Economy Ministry last Saturday.