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Turkiye & Kazakhstan sign $731 mn currency swap deal
Turkiye and Kazakhstan's central banks have signed a TRY 28 billion (~$731.11 million) currency swap deal to boost trade and financial ties. Signed in Washington by Governors Fatih Karahan and Timur Suleimenov, the three-year arrangement aims to support swap-financed trade settlements. The arrangement may be extended by mutual agreement.
Turkiye and Kazakhstan's central banks have signed a TRY 28 billion (~$731.11 million) currency swap deal to boost trade and financial ties.
Signed in Washington by Governors Fatih Karahan and Timur Suleimenov, the three-year arrangement aims to support swap-financed trade settlements.
The arrangement may be extended by mutual agreement.
