Turkish and Qatari central banks agree $3bn swap deal

Gulf monarchy announces $15 billion investment on August 15 to support crisis-stricken ally

central-bank-of-the-republic-of-turkey-2
The Central Bank of the Republic of Turkey
CBRT

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

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.