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The Economic Times

Global Business / The Economic Times

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Pakistan seeks USD 10 billion US facility to bolster forex stability

Pakistan seeks a $10 billion US facility to bolster its foreign exchange reserves. This move aims to reassure international investors and stabilize the nation's currency. The government is negotiating with the US Treasury Department for this exchange stabilization support. Pakistan is currently implementing an IMF program and seeks market-based financing. Efforts are underway to improve the country's sovereign credit rating.

20 Aug 2026 12:10 pm