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UAE considers boosting Turkey foreign reserves with $5 billion currency deal

Summary
Turkey is reportedly seeking to increase the foreign currency reserves possessed by its central bank, in a currency swap agreement with the United Arab Emirates that could amount to at least $5 billion.

Bias Distribution

  • 100% of the sources lean Left
100% Left
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Middle East Monitor broke the news in London, United Kingdom on Saturday, November 27, 2021.
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