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Business & Finance Print edition: 2023-08-30

SBP suspends Money Link Exchange Co’s authorisation

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By Recorder Report

KARACHI: The State Bank of Pakistan has suspended, with immediate effect, the authorization of an Exchange Company, namely, M/s Money Link Exchange Company (Private) Limited for a period of three months on account of serious violation of State Bank’s regulations and instructions.

The Exchange Company, its Head Office and all nine (09) outlets have been banned from undertaking any kind business activity during the suspension period.

Copyright Business Recorder, 2023

SBP

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