Exclusive-Pakistan seeks $10 billion in US backstop facility to boost reserves, source says
WASHINGTON, July 21 (Reuters) – Pakistan has asked the United States for a $10 billion exchange stabilization facility, according to a source briefed on the matter, which, if approved, could provide a lifeline for the cash-strapped South Asian economy. The request, which is being reported for the first time, follows Pakistan’s role in brokering talks…