China assures of $3.7b refinancing next month
Loans in Chinese yuan to prevent forex dip; Both sides yet to decide on interest rate issue; Funds will boost forex Foreign exchange reserves have started increasing on the back of recent loans by…
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Pakistan secures $300mn loan through UBL at 7.2%-7.7% interest
First non-Chinese financing in years arranged by UBL through Gulf-based lenders; an additional $100 million facility may follow By Monitoring Desk Pakistan has acquired a $300 million commercial loan at interest rates ranging from…
