{"id":405504,"date":"2026-04-22T18:02:14","date_gmt":"2026-04-22T18:02:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/405504\/"},"modified":"2026-04-22T18:02:14","modified_gmt":"2026-04-22T18:02:14","slug":"bessent-says-gulf-asian-allies-request-swap-lines-uae-and-us-would-benefit-from-one","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/405504\/","title":{"rendered":"Bessent says Gulf, Asian allies request swap lines, UAE and US would benefit from one"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">WASHINGTON, April 22 (Reuters) &#8211; U.S. Treasury Secretary Scott Bessent said on Wednesday that a \u200cnumber of allies in the Gulf \u200cregion and in Asia have requested currency swap lines from \u200bthe United States to help deal with energy shocks and other fallout from the Middle East war.<\/p>\n<p class=\"yf-1fy9kyt\">Bessent told U.S. senators that both the \u200cU.S. and the \u2060United Arab Emirates would benefit from a proposed swap line that President \u2060Donald Trump said he was considering on Tuesday.<\/p>\n<p class=\"yf-1fy9kyt\">Bessent did not name the countries making such \u200brequests, but \u200btold a U.S. Senate \u200bAppropriations subcommittee budget \u200chearing that such facilities would help stabilize financial markets amid turmoil from the Middle East war.<\/p>\n<p class=\"yf-1fy9kyt\">&#8220;And swap lines, whether it&#8217;s from the Federal Reserve or the Treasury, are to maintain order \u200cin the dollar funding \u200bmarkets and to prevent the \u200bsale of the \u200bU.S. assets in a disorderly way,&#8221; \u200cBessent said. &#8220;So, the swap \u200bline would \u200bbenefit both the UAE and the U.S., and as I said, numerous other countries, \u200bincluding some of \u200cour Asian allies, have also requested \u200bthem.&#8221;<\/p>\n<p class=\"yf-1fy9kyt\">(Reporting by David Lawder, Editing by Franklin \u200bPaul and Andrea Ricci)<\/p>\n","protected":false},"excerpt":{"rendered":"WASHINGTON, April 22 (Reuters) &#8211; U.S. Treasury Secretary Scott Bessent said on Wednesday that a \u200cnumber of allies&hellip;\n","protected":false},"author":2,"featured_media":405505,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[114,66102,85,46,2635,6978],"class_list":{"0":"post-405504","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-currency-swap","10":"tag-il","11":"tag-israel","12":"tag-scott-bessent","13":"tag-u-s-treasury"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/405504","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=405504"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/405504\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/405505"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=405504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=405504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=405504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}