Central Bank of the UAE (CBUAE) and Central Bank of Bahrain (CBB) sign AED 20 billion currency swap agreement.

Exam-focused facts from the 10 April 2026 current affairs briefing.

Key facts

The Central Bank of the UAE (CBUAE) and the Central Bank of Bahrain (CBB) signed a currency swap agreement worth AED 20 billion (BHD 2 billion).
The five-year arrangement was formalised during a virtual ceremony by Khaled Mohamed Balama, Governor of the Central Bank of the UAE, and Khalid Humaidan, Governor of the Central Bank of Bahrain.
The agreement aims to strengthen coordination between the two central banks and support trade and investment flows by encouraging the use of local currencies.