Thursday, 21 October 2021

Tag Archives: currency swap agreement

China, Pakistan extend currency swap agreement

BEIJING: China has increased the size of a currency swap agreement with Pakistan by 10 billion yuan ($1.57 billion), two sources of SBP said on Thursday, with cash earmarked for boosting fast-depleting foreign currency reserves. Two State Bank of Pakistan (SBP) sources told Reuters that the currency swap agreement between ...

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