The UAE wants a dollar lifeline

With the Iran War underway, the United Arab Emirates is looking for some economic certainty. The rich Arab nation is home to a lot of foreign-held deposits, and they’re worried investors will pull those funds. So, they’re looking for an economic backstop. Enter: currency swap lines. Today, we explain why the UAE is looking to its close ally, the U.S., for a currency swap line and how it would work. The Indicator has a weekly newsletter! Be among the first to sign up now: npr.org/indicatornewsletter Related episodes: Where the US got $20B to bail out Argentina Scott Bessent’s $20 billion dollar gamble on Argentina For sponsor-free episodes of The Indicator from Planet Money,

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The UAE wants a dollar lifeline is an episode from The Indicator from Planet Money by NPR.

This episode is 8:34 long.

This episode was published on Apr 30, 2026.

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