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UAE rolls over $2bn deposits, central bank confirms

SBP says deposits were maturing this month

GNN Web Desk
Published 3 hours ago on Jan 16th 2025, 9:46 pm
By Web Desk
UAE rolls over $2bn deposits, central bank confirms

Karachi: The State Bank of Pakistan on Thursday confirmed the rollover of two deposits of $1 billion each for another year by the United Arab Emirates (UAE).

The central bank said the deposits were maturing this month.

Prime Minister Shehbaz Sharif had announced last week that the UAE had agreed to roll over the payment of $2bn due by Pakistan this month.

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