Pakistan Requests $10 Billion U.S. Exchange Stabilization Facility Amid Economic Vulnerabilities

Pakistan has formally requested a $10 billion exchange stabilization facility from the United States to bolster its foreign exchange reserves and alleviate pressure on the Pakistani rupee. The request was reportedly made to U.S. Treasury Secretary Scott Bessent and seeks a bilateral facility with a maturity of up to five years. This move follows Pakistan's role in mediating recent Iran conflict talks, which has raised its diplomatic profile and fueled expectations for broader economic cooperation.