![UAE and China renew currency swap deal and commit to CBDC development By Investing.com UAE and China renew currency swap deal and commit to CBDC development By Investing.com](https://shmi.ir/wp-content/uploads/2023/11/1701196738_UAE-and-China-renew-currency-swap-deal-and-commit-to-150x203.jpg)
[ad_1] © Reuters. HONG KONG – The United Arab Emirates and China have reinforced their financial ties with the renewal of a significant currency swap agreement and a pledge to deepen collaboration on Central Bank Digital Currency (CBDC) development. The Central Bank of the UAE (CBUAE) and the People’s Bank of China have extended their