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Published on: 04/25/2026 - 00:14
US Treasury Secretary Scott Besent said that the United States is considering a dollar swap with Gulf and Asian countries in the context of confronting the repercussions of economic crises, especially those related to the war with Iran. Besant told US lawmakers that the barter includes countries like the UAE, and that both countries would benefit from the proposed barter line announced by President Donald Trump earlier this week. On the other hand, UAE reports confirmed that swapping the dirham for the dollar is not a response to an emergency crisis, but rather reflects the maturity of the UAE’s monetary policy.
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