'It's an elite matter': UAE confirms it's in talks for swap line loan with US

'It's an elite matter': UAE confirms it's in talks for swap line loan with US The UAE confirmed on Monday that it is discussing a currency swap line with the US, framing it as part of entry into an “elite group” of US allies, as fresh Iranian air strikes roiled the country. "We have this discussion and conversation with many, it's part of an elite group that the US is having this swap policy with. They are only having it with five countries," UAE Trade Minister Thani bin Ahmed al-Zeyoudi said at a conference in Abu Dhabi.