Pakistan, July 22 -- Pakistan has reportedly requested a $10 billion exchange stabilisation facility from the United States in a move aimed at strengthening its foreign exchange reserves, supporting the rupee and reducing dependence on multilateral lenders.

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According to a Reuters report citing a source familiar with the matter, Islamabad has proposed a Bilateral Exchange Stabilisation Support Facility worth $10 billion with a maturity of up to five years. If approved, the arrangement would provide a financial backstop to help improve Pakistan's external position while complementing ongoing economic reforms.

The request reportedly follows Pakistan's diplomatic eng...