bilateral currency swap agreement

Pakistan paid over Rs26 billion in interest to China last year under currency swap arrangement

The country’s central bank purchased $4.5 billion or CNY30 billion from China in the last fiscal year, official record shows
The value of bilateral currency swap between the two countries has been increased from Rs475 billion in 2020 to Rs731.7 billion in 2021

By KHURSHID AHMED · 30 October 2021