Pakistan, China to resume currency swap deal

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Islamabad: Pakistan and China are considering resuming the currency swap deal soon, while Pakistan will pay $1 billion to Saudi Arabia next week.

According to Finance Ministry sources, China will provide $1.5 billion to Pakistan under the currency swap agreement.

There are mutual agreements between Pakistan and China. Pak-China cannot share details of the agreements, the sources said.

Sources said that Pakistan would pay $1 billion to Saudi Arabia next week.