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Updated: Jan 26, 2022, 11:23 PM IST

Amid financial crisis Pakistan raises 1 billion loan through the Islamic bond

Amid the ongoing financial crisis in Pakistan, the cash-strapped nation has raised a $1 billion loan through the Sukuk bond at a record 7.95% interest rate to keep forex reserves afloat.

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Amid the ongoing financial crisis in Pakistan, the cash-strapped nation has raised a $1 billion loan through the Sukuk bond at a record 7.95% interest rate to keep forex reserves afloat.

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