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flag China pledges $3.7B loan to Pakistan in yuan to boost reserves, reduce USD dependency.

flag China has promised to provide Pakistan with a $3.7 billion commercial loan in Chinese currency by the end of June. flag This move aims to help Pakistan maintain its foreign exchange reserves above $10 billion and is part of China's strategy to reduce reliance on the US dollar. flag The loan will also assist in refinancing loans maturing between March and June 2025, supporting Pakistan's financial stability.

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