Dossier
Global Medium-Term Note
Coverage of Global Medium-Term Note in the Nexus archive.
- Here come the dollars
Pakistan's government is seeking a $10 billion swap line from the US Exchange Stabilisation Fund and has engaged in financial transactions with the UAE and Saudi Arabia to inject dollars into the economy. The country secured a credit rating upgrade from Standard & Poor’s and is negotiating a $6.7 billion oil facility with Saudi Arabia.