Pakistan Seeks $10 Billion Currency-Swap Facility from US Amid Geopolitical Tensions

Pakistan has reportedly requested a $10 billion currency-swap facility from the U.S. Treasury's Exchange Stabilization Fund. This request comes at a critical juncture, with the United States engaged in a conflict with Iran, and Pakistan serving as a key diplomatic channel between Washington and Tehran. The move highlights Pakistan's efforts to leverage its geopolitical significance for economic relief and navigate competing monetary networks with existing ties to China.