Pakistan awaits US verdict on $10bn facility
Pakistan will go back to Beijing for a larger currency swap line when its existing 30-billion-yuan facility comes up for renewal in 2027, Finance Minister Muhammad Aurangzeb said, in remarks that underline how central Chinese liquidity has become to
September 17, 2026 (MLN): Pakistan will go back to Beijing for a larger currency swap line when its existing 30-billion-yuan facility comes up for renewal in 2027, Finance Minister Muhammad Aurangzeb said, in remarks that underline how central Chinese liquidity has become to the country's reserve-management strategy even as it courts a separate financing arrangement with the United States. He told Reuters that the f...