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ISLAMABAD: Finance Minister Miftah Ismail Thursday stated that terms and conditions of $ 2.3 billion deposits have been agreed with the Chinese.

Alarm bells: SBP-held foreign currency reserves fall to $9.72bn

The finance minister tweeted that “the terms and conditions for refinancing of RMB 15 billion deposit by Chinese banks (about US$ 2.3 billion) have been agreed. Inflow is expected shortly after some routine approvals from both sides. This will help shore up our foreign exchange reserves.”

Copyright Business Recorder, 2022

Comments

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Mujahid Sher Jun 03, 2022 07:21pm
You stupid
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Nay.aly Jun 04, 2022 03:07pm
On 9th April 2022 when the IMRAN KHAN PTI GOVERNMENT the Regime Changed with the assistance of the USA & her local facilitators abettors traitors PDM & establishment (which says it's neutral but it doesn't look at all after 14 April 2022 PRESS BRIEFING OF DG ISPR in which INFORMED that Pak Rupee recovered Rs.3 against US $ & STCOK EXCHANGE IS IN POSITIVE BUT UNFORTUNATELY SILENCE AS MOODIS HAS CHANGED OUT LOOK OF PAKISTAN FROM POSITIVE B3 TO NEGATIVE OUT LOOK PETROL PRICES RS.60 PER LITRE WITH IN A WEEK WHILE PTI GOVT RAISED RS.56 PER LITRE IN 3-1/2 RULES
0