Pakistan, Sept. 18 -- Pakistan will seek an expansion of its 30 billion yuan swap line with China when the facility expires in 2027, Finance Minister Muhammad Aurangzeb said, adding he expects a US response on a proposed $10 billion exchange stabilisation facility within two months.

Aurangzeb said the entire 30 billion yuan swap line from China had been fully drawn, adding that the government had yet to decide how much additional financing it would seek when the facility comes up for renewal.

"They were open to it, but there is a process which has to be followed," said Aurangzeb, referring to recent meetings with his Chinese counterpart and the country's central bank governor. "We do plan to make a formal request at the time of the rene...