Business US

Trump Says Currency Swap With UAE Is Under Consideration

US President Donald Trump said a currency swap with the United Arab Emirates is under consideration, as the Gulf state floats the prospect of financial assistance to weather the fallout from the Iran war.

“It is,” Trump said Tuesday on CNBC when asked if the administration was weighing that plan. “It’s been a good country. It’s been a good ally of ours. And, you know, these are unusual times.”

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