KARACHI – The United Arab Emirates (UAE) has confirmed rollover of its two deposits of $1 billion each placed with the State Bank of Pakistan (SBP).
The central bank has confirmed this development in a post shared on micro-blogging platform X (former Twitter) on Wednesday.
UAE has confirmed rollover of its two deposits of US$1.0 billion each placed with State Bank of Pakistan for another one year which were maturing in January 2024.#SBP
— SBP (@StateBank_Pak) January 17, 2024
These two deposits have been rolled over for another one year which were maturing in January 2024.
