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UAE and Bahrain central banks sign $5.4 billion currency swap deal
The Central Bank of the United Arab Emirates and the Central Bank of Bahrain have signed a currency swap agreement worth AED 20 billion ($5.4 billion), in a move aimed at strengthening financial cooperation and supporting cross-border trade. The agreement, announced on Wednesday and reported by Emirates News Agency WAM,…
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Click here to read the full story: Arabian Business