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Business & Finance Print edition: 2024-02-13

SBP cancels EC’s licence

Published Updated

KARACHI: The State Bank of Pakistan (SBP) has cancelled the authorization/license of M/s PBS Exchange Company (Pvt) Limited on account of contraventions of the relevant laws and regulations.

The aforesaid exchange company, including its head office and outlets can no longer undertake any kind of foreign exchange related business activity.

Copyright Business Recorder, 2024

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