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Pakistan applies for $10bn US forex facility after mediating between US and Iran
Pakistan has applied for a U.S. foreign currency backstop facility worth up to $10 billion. The country made the request to strengthen its ability to withstand any foreign reserve-related shocks, following its mediation efforts between the U.S. and Iran, led by Pakistan's military chief, Field Marshal Asim Munir.
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Source：Nikkei Asia · Source Link
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