PAKISTAN-KARACHI-CHINESE CURRENCY-REGULATORY FRAMEWORK

Xinhua
26 Nov 2025, 12:45 GMT+10

(251126) -- KARACHI, Nov. 26, 2025 (Xinhua) -- Muhammad Malik, executive director of the State Bank of Pakistan (SBP), addresses an event to mark the 10th anniversary of the Chinese currency renminbi (RMB) internationalization in Pakistan, in Karachi, Pakistan, Nov. 25, 2025. Pakistan has established a comprehensive regulatory framework to support the use and investment of the RMB, Malik said on Tuesday. The event was hosted by the Karachi branch of the Industrial and Commercial Bank of China (ICBC), which serves as the RMB clearing bank in Pakistan. (ICBC's Karachi branch/Handout via Xinhua)

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