The country’s foreign exchange reserves were increased after Pakistan received $300 million from China, citing sources. The State Bank of Pakistan (SBP) has received the third and last disbursement today in its account amounting to $300 million from the Industrial and Commercial Bank of China (ICBC). The Chinese bank has so far provided $1.3 billion loan to the central bank.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Indian police arrest Khalistan Sikh separatist

New Delhi: Indian police arrested Sikh separatist Amritpal Singh after searching for…

US national security adviser to visit Saudi Arabia, Israel

US National Security Adviser Jake Sullivan will visit Saudi Arabia and Israel…

Israeli air strike kills two on Lebanon border

Two people were killed in south Lebanon and another was injured by…