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Following on from last week's $15 billion financial package Qatar and Turkey central banks announced a currency swap agreement to provide liquidity and support for financial stability.

Turkey Geopolitical

Qatar's central bank made the announcement Sunday and confirmed the deal having been signed off on Friday. The agrrement  establishes a two-way currency exchange line between the two countries reserve banks.

There was no mention of the limit on Qatar's swap exposure at this time.

From The TradersCommunity News Desk

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