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Central Bank of the UAE

Central Bank of the UAE and the Central Bank of Egypt Sign an Agreement to Renew the AED 5 billion Currency Swap

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The Central Bank of the United Arab Emirates (CBUAE) and the Central Bank of Egypt (CBE) renewed the currency swap agreement between the UAE Dirham (AED) and the Egyptian Pound (EGP), during a signing ceremony held at the CBUAE headquarters today. The swap agreement has a nominal value of AED 5 billion, equivalent to EGP […]