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HomeBusinessCBUAE, Central Bank of Egypt renew AED5 billion currency swap agreement

CBUAE, Central Bank of Egypt renew AED5 billion currency swap agreement

The Central Bank of the United Arab Emirates (CBUAE) and the Central Bank of Egypt (CBE) today renewed their UAE Dirham (AED)-Egyptian Pound (EGP) currency swap agreement at a signing ceremony held at the CBUAE’s headquarters. With a nominal value of AED5 billion, equivalent to EGP69 billion, the a. .

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