UAE and Türkiye Central Banks Agree on Currency Swap and Payment Cooperation
The Central Bank of the UAE (CBUAE) and the Central Bank of the Republic of Türkiye (CBRT) have signed a bilateral currency swap agreement between the UAE dirham (AED) and the Turkish lira (TRY), alongside two MoUs. The swap agreement, valued at AED 18 billion and TRY 198 billion, is intended to support bilateral trade […]
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