The White House on Tuesday said the UAE had not requested a currency swap line.

President Trump said Tuesday that the United States is weighing a currency swap with the United Arab Emirates amid the war ...

Treasury Secretary Scott Bessent said Wednesday that many Persian Gulf allies along with a number of Asian nations have ...

Such a move would provide liquidity in dollars to the oil-rich UAE, but could be politically tenuous for the administration ...

Trump considers US UAE currency swap amid war tensions raising political risks and market implications for global stability ...

The UAE was largely impacted by the Middle East war, bearing the brunt of Iranian attacks which have hampered its oil-reliant ...

By David Lawder WASHINGTON, April 22 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Wednesday that a number of ...

Treasury Secretary Scott Bessent said Wednesday that “many” oil-rich U.S. allies in the Persian Gulf and Asia have requested ...

The Treasury secretary said that currency swap line would benefit both the United Arab Emirates and the United States.

The U.nited Arab Emirates has formidable reserves and holdings of U.S. Treasurys that make a financial crisis after just ...

Treasury Secretary Scott Bessent defends temporary sanctions relief for Iran and Russia as necessary to stabilise global ...

Many of our Gulf allies have requested swap lines,” Bessent said in answering questions at a Senate Appropriations ...