BOC second branch opened in Islamabad

ISLAMABAD: The Bank of China (BOC) also opened its second branch in Islamabad on Monday. Addressing the opening ceremony, Minister for Finance and Revenue Senator Ishar Dar said the renminbi would soon become an internationally adopted parallel currency.

The renminbi was going to be internationalised as five countries have already formalised the currency and more countries were planning to do so, the finance minister added. He said it would become a parallel internationally acceptable currency.