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Pakistan seeks $10 billion in US backstop facility to boost reserves, source says

  • Islamabad seeks Bilateral Exchange Stabilization Support Facility between both governments with maturity of up to five years
  • If approved, facility will bolster Pakistan’s reserves, ease pressure on its currency and reduce reliance on multilateral financing
By Reuters ·

Saudi reserve assets rise to $459bn in May on foreign deposit surge 

By Dayan Abou Tine ·

Qatar’s international reserves rise 3.5% in June, topping $70bn


By Nour El-Shaeri ·

SAMA’s total assets in November reach $485.64bn

By Arab News ·

Macro Snapshot — Iraq’s foreign currency reserves above $80bn; Turkish central bank may take steps to cut loan rates

By Farida El-Gazzar ·

Bahrain to double contribution to Future Generations Reserve Fund

By Arab News ·

Egypt’s forex reserves hit 9-month high

By Mohammed Abu Zaid ·

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