DOLLAR DEAL
UAE rejects liquidity concerns while exploring U.S. currency swap
Yousef Al Otaiba, the UAE's Ambassador to the U.S. and a Minister of State, clarified the UAE’s position, saying that “any suggestion that the UAE requires external financial backing misreads the facts.”
Kyle Grillot/Bloomberg via Getty Images
Yousef Al Otaiba, UAE Ambassador to the U.S., speaks during the Milken Institute Global Conference
Add The Circuit on GoogleThe UAE has moved to reassure markets that it has no liquidity problems or need for external financing, despite seeking assistance in the form of a currency swap with the U.S. amid the economic fallout from the Iran war....
