Swap agreement with the UAE from the Central Bank

A swap agreement worth 64 billion Turkish Liras was signed between the Central Bank of the Republic of Turkey (CBRT) and the Central Bank of the United Arab Emirates (UAE).

A Bilateral Currency Swap agreement was signed between the Central Bank of the Republic of Turkey (CBRT) and the Central Bank of the United Arab Emirates (UAE) (UAE) for the UAE dirham (AED) and Turkish lira (TRY) currencies.

The statement made by the Central Bank of the Republic of Turkey said:

The nominal size of the swap agreement is 18 billion dirhams (AED) and 64 billion Turkish liras (TRY).

The agreement was signed by the President of the UAEMB, Khaled Mohamed Balama, and the President of the CBRT, Prof. Dr. Signed by Şahap Kavcıoğlu. In his statement after the signing of the agreement, President Khaled Mohamed Balama said, “This agreement signed with the Central Bank of the Republic of Turkey is an indication of the will of both countries to increase bilateral cooperation in financial matters, especially in the field of trade and investments between the two countries.”


labels


Source: bigpara- GÜNDEM by bigpara.hurriyet.com.tr.

*The article has been translated based on the content of bigpara- GÜNDEM by bigpara.hurriyet.com.tr. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!