Turkey, Azerbaijan may sign swap agreement

[ad_1] Turkey has ramped up talks with other countries over securing a currency swap agreement, and a deal with Azerbaijan looks likely to be the first achieved, Report informs, citing Reuters. “Turkey is in talks to secure currency swap agreements with four countries and is close to a deal with two of them,” Central Bank… Continue reading Turkey, Azerbaijan may sign swap agreement

Turkey close to FX swap deal with Azerbaijan

[ad_1] Turkey has stepped up negotiations to conclude an FX swap agreement, and the deal with Azerbaijan is likely to be the first, Report informs via Reuters. On Tuesday, Turkish Central Bank Governor Sahap Kavcioglu told a meeting with banks that Turkey was in talks with four countries on FX swap deals and at “a… Continue reading Turkey close to FX swap deal with Azerbaijan