Pakistan to get $2.3bn from China within few days: Miftah Ismail

12:09
June 22, 2022
MG

June 22, 2022 (MLN): In another breakthrough, the Chinese consortium of banks has signed a $2.3 billion loan facility agreement on Wednesday which will be received by Pakistan within a few days.

Taking to his Twitter handle, Federal Minister for Finance and Revenue, Miftah Ismail informed, “The Chinese consortium of banks has today signed the RMB 15 billion (~$2.3 billion) loan facility agreement after it was signed by the Pakistani side yesterday.”

“Inflow is expected within a couple of days,” he added.

He also thanked the Chinese government for facilitating this transaction.

The inflow will surely give some respite to the depleting foreign exchange reserves and stabilize the deteriorating rupee-dollar parity.

In addition to it, key progress has been made in talks on the revival of Pakistan's International Monetary Fund bailout program wherein Pakistan side is expecting the lender to increase the size and duration of the 39-month, $6bn facility.

Copyright Mettis Link News

Posted on: 2022-06-22T17:09:29+05:00

33632

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.20000	278.40000	278.40000	278.20000	01:03 PM
2	EUR	1.06535	1.06543	1.06540	1.06536	04:02 PM
3	GBP	1.23710	1.23730	1.23730	1.23710	04:02 PM
4	CHF	0.91000	0.91040	0.91040	0.91000	04:02 PM
5	JPY	154.61400	154.62000	154.62000	154.61400	04:02 PM
6	CAD	1.37470	1.37520	1.37520	1.37470	04:02 PM
7	AUD	0.64140	0.64180	0.64180	0.64140	04:02 PM
8	INR	83.35400	83.36900	83.36900	83.35400	04:02 PM
9	SAR	3.75120	3.75140	3.75140	3.75120	01:02 AM
10	AED	3.67210	3.67310	3.67310	3.67210	11:59 PM
11	HKD	7.83324	7.83371	7.83371	7.83324	04:02 PM
12	CNH	7.25230	7.25290	7.25266	7.25250	04:02 PM
13	CNY	7.24030	7.24040	7.24040	7.24030	07:10 PM
14	THB	36.85000	36.87000	36.87000	36.85000	04:02 PM
15	MYR	4.78150	4.78650	4.78650	4.78150	12:29 PM
16	IDR	16,201.40000	16,218.60000	16,218.60000	16,201.40000	04:02 PM
17	SGD	1.36167	1.36184	1.36184	1.36167	04:02 PM
18	NZD	0.58850	0.58910	0.58910	0.58850	04:02 PM
19	MXN	17.09410	17.09910	17.09914	17.09414	04:02 PM
20	TRY	32.58110	32.59110	32.59110	32.58110	04:02 PM
21	SEK	10.92970	10.93290	10.93290	10.92973	04:02 PM
22	ZAR	19.06550	19.09190	19.09190	19.06550	04:02 PM
23	NOK	11.01790	11.02650	11.02648	11.01786	04:02 PM
24	DKK	7.00277	7.00336	7.00336	7.00277	04:02 PM
25	ARS	871.23700	871.24700	871.24680	871.23680	04:02 PM
26	BDT	108.06500	111.44600	111.44612	108.06470	07:19 AM
27	BHD	0.37700	0.37710	0.37710	0.37700	08:32 PM
28	BRL	5.19690	5.19990	5.19990	5.19690	04:02 PM
29	KRW	1,375.17000	1,376.40000	1,376.40000	1,375.17000	04:02 PM
30	KWD	0.30836	0.30846	0.30846	0.30836	01:01 AM
31	LKR	298.75800	305.33300	305.33326	298.75827	07:19 AM
32	OMR	0.38498	0.38515	0.38515	0.38498	06:50 PM
33	QAR	3.64600	3.64900	3.64900	3.64600	01:02 AM
34	RUB	93.20000	94.60000	94.60000	93.20000	12:48 PM
35	AFN	71.00000	73.00000	73.00000	71.00000	11:05 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:27 AM
37	TMT	3.36000	3.66000	3.66000	3.36000	12:29 PM
38	MVR	15.25000	15.65000	15.65000	15.25000	12:35 PM
39	UZS	12,670.00000	12,740.00000	12,740.00000	12,670.00000	01:07 PM
40	PHP	57.43400	57.51000	57.51000	57.43400	04:02 PM
42	NGN	1,149.00000	1,153.00000	1,153.00000	1,149.00000	12:36 PM
43	KES	133.00000	134.00000	134.00000	133.00000	12:10 PM
44	AMD	392.60000	392.60000	392.60000	392.60000	07:55 AM
45	TWD	32.53380	32.56380	32.56380	32.53380	04:02 PM
46	XAU	2,387.89000	2,388.21000	2,388.21000	2,387.89000	04:01 PM
47	XAG	28.66220	28.67020	28.67020	28.66220	04:01 PM
48	XPT	931.15500	936.74500	936.74530	931.15480	01:02 AM
49	XPD	1,021.17000	1,028.99000	1,028.99060	1,021.17440	01:02 AM
2,120	VES	36.25120	36.34210	36.34210	36.25125	12:29 PM
2,212	UGX	3,768.41000	3,852.95000	3,852.94560	3,768.40998	07:19 AM
2,213	TZS	2,591.49000	2,591.51000	2,591.51500	2,591.48500	11:41 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	70,968.98	70,909.904	70,186.93	619.785	0.882	214,724,945.0	13,651,927,649.760	19/04/2024 05:13 PM
ALLSHR	46,573.62	46,547.234	46,105.96	339.379	0.735	475,634,499.0	23,214,193,723.360	19/04/2024 05:13 PM
KSE30	23,393.38	23,376.569	23,058.97	282.759	1.224	116,554,680.0	11,831,374,214.290	19/04/2024 05:13 PM
KMI30	118,779.97	118,572.725	117,247.45	1,218.125	1.038	148,956,005.0	11,119,881,421.450	19/04/2024 05:13 PM
KMIALLSHR	33,051.27	33,022.390	32,695.54	298.524	0.912	317,804,569.0	19,951,289,708.390	19/04/2024 05:13 PM
BKTi	17,861.34	17,826.912	17,489.40	244.864	1.393	16,782,769.0	1,601,100,031.210	19/04/2024 05:13 PM
OGTi	16,766.60	16,652.098	16,435.08	192.159	1.167	13,610,174.0	1,842,349,761.040	19/04/2024 05:13 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	64,250.0	65,640.0	59,635.0	590.00
BRENT CRUDE	EB	87.3	90.8	86.2	0.15
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-6.15
ROTTERDAM COAL MONTHLY	ET	120.0	0.0	0.0	-0.35
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	82.2	85.6	81.1	0.09
SUGAR #11 WORLD	SB	19.6	19.8	19.3	0.03

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