Regulation, Risk & Compliance
CBUAE and Central Bank of Egypt renew AED 5bln currency swap agreement
The Central Bank of the United Arab Emirates and the Central Bank of Egypt have renewed their UAE Dirham (AED)-Egyptian Pound (EGP) currency swap agreement at a signing ceremony held at the CBUAE’s headquarters. With a nominal value of AED 5 billion, equivalent to EGP 69 billion, the agreement is…
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Source: CBUAE and Central Bank of Egypt