Bessent Says US Allies in Gulf, Asia Requested Swap Lines
Treasury Secretary Scott Bessent said Wednesday that many Persian Gulf allies along with a number of Asian nations have requested foreign exchange swap lines with the US, and pointed to the potential for such arrangements to support dollar-denominated lending overseas.
US Treasury extends oil sanctions relief
- US allies in Gulf and Asia have requested swap lines, Bessent says Financial Times —
- Bessent says Gulf and Asian allies have requested swap lines 📹 Reuters —
- Bessent says 'many' U.S. allies have asked for currency swaps amid Iran war turbulence CNBC —
- US treasury to extend sanctions relief on Russian and Iranian oil Middle East Eye —
- Bessent Says Many US Allies in Gulf Have Requested Swap Lines Bloomberg —