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The State Bank Of Pakistan (SBP) Announces Revocation Of Licenses Of Two Exchange Companies

Faizan Hashmi Published March 30, 2023 | 07:26 PM

The State Bank of Pakistan (SBP) announces revocation of licenses of two exchange companies

The State Bank of Pakistan (SBP) on Thursday revoked foreign exchange licenses of two exchange companies

KARACHI, (UrduPoint / Pakistan Point News - 30th Mar, 2023 ):The State Bank of Pakistan (SBP) on Thursday revoked foreign exchange licenses of two exchange companies.

The central bank revoked licenses of M/s Capital Exchange Company-B (Pvt.) Ltd and Gohar Exchange Company-B (Pvt.

) Ltd, said a news release.

The foreign exchange licenses of M/s. Capital Exchange Company-B (Pvt.) Ltd. and M/s. Gohar Exchange Company-B (Pvt.) Ltd. have been revoked.

Accordingly, these companies are not authorized to carry out foreign exchange business.

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