Bessent says Gulf, Asian allies request swap lines, UAE and US would benefit from one

By David Lawder WASHINGTON, April 22 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Wednesday that a number of ...
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Gulf allies seek currency swaps: USPublished on: April 23, 2026 5:46 PM

Pakistan, April 23 -- US Treasury Secretary Scott Bessent has claimed that several Gulf allies have requested currency swap arrangements. He made the statement during a hearing before the US Senate, ...

Bessent says many US allies have asked for currency swaps amid prolonged Iran conflict

Treasury Secretary Scott Bessent said Wednesday that “many” oil-rich U.S. allies in the Persian Gulf and Asia have requested ...
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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 ...