Pakistan receives $2.2 bln from China

ISLAMABAD, Mar 25 (APP):The State Bank of Pakistan (SBP) has received US 2.2 billion from China, said a message received from the bank on Monday.
“The SBP has received RMB 15 billion value, equivalent to $2.2 billion as proceeds of the loan obtained by government of Pakistan from China,” the message added.
With this deposit, the country’s forex exchange reserves have strengthened while the situation of balance of payment has also been improved.