By Dilara Zengin
The central banks of Qatar and Turkey signed a currency swap agreement in the Qatari capital Doha.
According to sources from the Turkish central bank, the first step has been taken after Qatar pledged $15 billion of investment package in Turkey last Wednesday.
The agreement aims to enhance bilateral cooperation between two banks by setting a two-way currency exchange line.
It will provide liquidity and support for financial stability, along with facilitating
The funding for the first phase of the deal is expected to be worth $3 billion.Anadolu Agency website contains only a portion of the news stories offered to subscribers in the AA News Broadcasting System (HAS), and in summarized form. Please contact us for subscription options.