CAIRO, Sept. 28 (Xinhua) -- The central banks of Egypt and the United Arab Emirates (UAE) signed on Thursday a currency swap deal, agreeing to exchange up to 42 billion Egyptian pounds (about 1.36 billion U.S. dollars) and 5 billion UAE dirhams at nominal value.
The agreement comes within the framework of strengthening relations between Egypt and the UAE at all levels and contributes to increasing their trade volume, a statement from the Central Bank of Egypt (CBE) quoted the bank's governor Hassan Abdallah as saying.
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