Tag: foreign cash reserves

China to provide USD 2.5 bn loan to Pak to boost foreign cash reserves

Islamabad :  China will provide USD 2.5 billion in loans to Pakistan to boost the foreign exchange reserves of its “all-weather ally”, a media report said Saturday. Pakistan is nearly broke with the drying up of foreign cash reserves and mounting external debt. The country’s USD 8.12 billion reserves, […]

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