Pakistan's finance ministry is actively pursuing an expanded currency swap arrangement with China while anticipating imminent approval for a $10 billion US exchange stabilisation facility. This dual approach to securing external liquidity reflects the country's efforts to strengthen its foreign reserves and stabilise its economic position. The minister's statement suggests negotiations are advancing on multiple fronts, with expectations of a decisive US response within a two-month timeframe. These financial instruments are crucial for managing Pakistan's balance-of-payments pressures and supporting rupee stability.

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