UAE Says Its Negotiating Dollar Swap With US

Date:

United Arab Emirates Minister of Foreign Trade Thani bin Ahmed Al Zeyoudi poses for a portrait on the sidelines of the UAE-Chad Trade and Investment Forum in Abu Dhabi, United Arab Emirates, on Nov. 10, 2025. Amr Alfiky/ReutersThe United Arab Emirates said it’s discussing a currency swap line with the United States, an arrangement that would allow its central bank to tap U.S. dollars during periods of market stress.“We have this discussion and conversation ‌with many, it’s part of an elite group that the U.S. is having this swap policy with. They are only having it with five countries,” UAE trade minister Thani Al ​Zeyoudi said at a conference in Abu Dhabi on May 4.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Hiring Springs Back in March, Job Openings Little Changed

Home Depot customers walk by a posted "Now Hiring"...

CBP Says It Will Start Issuing First Refunds of Trump Tariffs on May 12

Shipping containers are stacked at a terminal at the...

Austria Expels 3 Russian Embassy Employees Suspected of Spying

A view of the Russian Embassy in Vienna, Austria,...

There Needs to Be a Stronger European Element in NATO, Says Starmer

British Prime Minister Keir Starmer at the Elysee Palace...