Sunday, 04 June 2023, 08:41:12 am
SBP receives $500mln from Chinese Bank
March 18, 2023

(File Photo)

State Bank of Pakistan has received 500 million US dollars from Industrial and Commercial Bank of China.

In a Tweet, Finance Minister Ishaq Dar said that it will shore up forex reserves of Pakistan.

The amount has been received as part of Chinese ICBC’s approved loan worth 1.3 billion dollars.