Turkish and Qatari central banks agree $3bn swap deal

The Central Bank of the Republic of Turkey

The central banks of Turkey and Qatar signed a currency swap agreement on August 17.

The governors of the Central Bank of the Republic of Turkey (CBRT) and Qatar Central Bank agreed to a two-way currency swap line in the Qatari capital of Doha, says the Qatari monetary authority in a statement.

The Turkish central bank says the swap deal has a limit of $3 billion.

On August 15, Tamim bin Hamad Al Thani, the emir of Qatar, announced a set of investments to support Turkey. After meeting Turkish

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