Pakistan eyes China, Saudi Arabia to avoid Forex Crunch from $3.45Bn UAE Payments

ISLAMABAD – With foreign reserves under pressure and delayed Panda bonds tightening options, cash-strapped Pakistan seeks urgent support from key allies China and Saudi Arabia to manage massive debt obligations and stabilize its currency. The country’s Foreign exchange reserves are under unprecedented pressure, pushing government to urgently explore fresh funding options, including potential lifelines from […] The post Pakistan eyes China, Saudi Arabia to avoid Forex Crunch from $3.45Bn UAE Payments appeared first on Daily Pakistan English News.