Wednesday, 2 January 2019

China to lend $2 billion to Pakistan to shore up rupee: FT

China has pledged to lend at least $2bn to Pakistan to shore up its foreign exchange reserves and prevent further devaluations of the rupee against the dollar, two senior government officials have told the Financial Times. The financial support comes as the government of Prime Minister Imran Khan is struggling with a weakening fiscal position, […]

The post China to lend $2 billion to Pakistan to shore up rupee: FT appeared first on Daily Times.



from Daily Times http://bit.ly/2ToLZfr

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