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Pakistan Plans Bigger China Swap, Awaits US Decision
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— Sep 17, 2026
Pakistan will seek a bigger China yuan swap in 2027 after fully drawing 30 billion yuan, Aurangzeb said, while awaiting a U.S. decision within two months on a $10 billion facility.
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Rachel Meyers
Relying on these external lines keeps reserves afloat but does little to fix underlying fiscal problems over time.