Pakistan seeks $10 billion US stabilisation facility after Iran diplomacy role
Pakistan has asked the United States for a $10 billion bilateral exchange stabilisation facility, according to a source familiar with the matter. The request is aimed at helping support the rupee, strengthen foreign exchange reserves and improve market access. It comes after Islamabad's role in mediating talks over the Iran war, which has raised expectations of economic backing from Washington and other partners.The matter was raised in Washington when Finance Minister Muhammad Aurangzeb met US Treasury Secretary Scott Bessent on Tuesday, according to the reported account. Pakistan's finance ministry said Aurangzeb sought greater US support for the country's path back... [Continue Reading]
360LiveNews | 22 Jul 2026 09:03 LONDON
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