Bessent says 'many' US allies have asked for currency swaps amid Iran war turbulence

The White House on Tuesday said the UAE had not requested a currency swap line.

Bessent defends the U.S. participating in currency swaps with Persian Gulf allies

Treasury weighs new US dollar swap lines for Gulf, Asia allies amid Iran war to support liquidity and markets.
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U.S.-UAE Currency Swap Line: A Stabilizing Force Amid Middle East Tensions

U.S. Treasury Secretary Scott Bessent highlighted the potential benefits of a currency swap line between the U.S. and the UAE. He noted other Gulf nations have shown interest. Bessent emphasized the ...

Bessent defends U.S. dollar swap lines as Iran war harms global finances

President Donald Trump, asked on CNBC's "Squawk Box" this week about a possible UAE swap line, appeared to say he is in favor ...