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Turkey, UAE Sign FX Swap Deal Worth $5 Billion
Turkey signed a $4.9 billion currency swap agreement with the United Arab Emirates, boosting dwindling foreign-exchange reserves depleted by the country’s financial turmoil. Turkey May Conclude FX Swap Deals With 2 Countries: Governor The three-year deal reflects a warming of ties that began last year after a decade of frosty…
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Click here to read the full story: Bloomberg Quint