Tag: China-Pakistan relations
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Modi accuses Pakistan of supporting cross-border terrorism at SCO Summit
This year, the Shanghai Cooperation Organisation’s (SCO) summit was hosted by India, where Indian Prime Minister Narendra Modi launched thinly veiled accusations against Pakistan, saying “some countries” are “terror havens“. Pakistan’s Prime Minister Shehbaz Sharif was in attendance, along with other SCO member countries leaders, such as Xi Jingping and Vladimir Putin. The SCO is…
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Pakistani rupee gains against US dollar amidst hopes for IMF deal
Pakistani rupee on Monday gained against the US dollar due to two key developments: the country secured $500 million from the Industrial and Commercial Bank of China and there was optimism around a potential deal with the International Monetary Fund (IMF). During intraday trading, the local currency witnessed an increase of Rs3.46 against the greenback…