liquidity support

Alan Greenspan, who led the Federal Reserve from 1987 to 2006, died at 100. He guided the economy through expansion and stress, fostering public trust in the Fed despite broader institutional skepticism in the U.S. The article highlights his role in maintaining price stability and the Fed's independence amid political and economic challenges.

The UAE and US have established a foreign exchange swap agreement as a contingency measure for severe economic scenarios, according to Malik. This arrangement aims to stabilize financial systems during crises by providing liquidity support.