25-April-2026
Economy News
 
US Discussing Dollar Swap Lines With Gulf and Asian Partners, Treasury's Bessent Says
25-Apr-2026

The United States is discussing currency swap lines with other countries including Gulf and Asian partners, Treasury Secretary Scott Bessent said on Friday, after a number of allies sought help in dealing with fallout from the Iran war. Bessent has not identified the countries making such requests, but he said the swap lines would be helpful to both the U.S. and other nations. "Additional swap lines can benefit our nation by reinforcing dollar usage and liquidity internationally, maintaining smooth functioning in dollar funding markets, promoting trade and investment with the United States," Bessent said in a post on X.

News Source:- https://money.usnews.com/investing/news/articles/2026-04-24/dollar-swap-line-talks-ongoing-with-gulf-and-asian-partners-treasurys-bessent-says