Pakistan Requests $10B US Stabilization Facility Following Regional Diplomatic Efforts
Pakistan has requested a $10 billion exchange stabilization facility from the US Treasury to boost foreign exchange reserves and stabilize the rupee.
UAE Seeks Federal Reserve Currency Swap Line Amid Escalating Iran Conflict
The United Arab Emirates has initiated discussions with US officials regarding a financial backstop and currency swap line to protect its economy from the ongoing Iran war.
President Trump to Become First Sitting US President to Sign American Currency
The U.S. Treasury Department announces a historic change to paper currency as President Donald Trump’s signature replaces the Treasurer’s on redesigned banknotes.