Turkey strikes currency swap deal with UAE as ties warm
Published on: Wednesday 19 January 2022
Turkey and the United Arab Emirates said on Wednesday they had agreed a nearly $5-billion swap deal in local currencies, in a sign of warming diplomatic relations that provides Ankara financial support as it faces economic turmoil.
News source: https://www.reuters.com/markets/asia/turkey-strikes-currency-swap-deal-with-uae-ties-warm-2022-01-19/