Regulation, Risk & Compliance
Trading, Broking & Stock Exchanges
Uncategorized
UAE and Korea renew 2013 swap agreement
Korea and the United Arab Emirates announced the renewal of a currency swap arrangement on Saturday in a bid to bolster trade without using dollars or other currencies. The contract is for 6.1 trillion won ($5.4 billion), or 20 billion dirhams, with expiration set for April 12, 2022. The two…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Korea Joongang Daily