AGL 38.48 Decreased By ▼ -0.08 (-0.21%)
AIRLINK 203.02 Decreased By ▼ -4.75 (-2.29%)
BOP 10.17 Increased By ▲ 0.11 (1.09%)
CNERGY 6.54 Decreased By ▼ -0.54 (-7.63%)
DCL 9.58 Decreased By ▼ -0.41 (-4.1%)
DFML 40.02 Decreased By ▼ -1.12 (-2.72%)
DGKC 98.08 Decreased By ▼ -5.38 (-5.2%)
FCCL 34.96 Decreased By ▼ -1.39 (-3.82%)
FFBL 86.43 Decreased By ▼ -5.16 (-5.63%)
FFL 13.90 Decreased By ▼ -0.70 (-4.79%)
HUBC 131.57 Decreased By ▼ -7.86 (-5.64%)
HUMNL 14.02 Decreased By ▼ -0.08 (-0.57%)
KEL 5.61 Decreased By ▼ -0.36 (-6.03%)
KOSM 7.27 Decreased By ▼ -0.59 (-7.51%)
MLCF 45.59 Decreased By ▼ -1.69 (-3.57%)
NBP 66.38 Decreased By ▼ -7.38 (-10.01%)
OGDC 220.76 Decreased By ▼ -1.90 (-0.85%)
PAEL 38.48 Increased By ▲ 0.37 (0.97%)
PIBTL 8.91 Decreased By ▼ -0.36 (-3.88%)
PPL 197.88 Decreased By ▼ -7.97 (-3.87%)
PRL 39.03 Decreased By ▼ -0.82 (-2.06%)
PTC 25.47 Decreased By ▼ -1.15 (-4.32%)
SEARL 103.05 Decreased By ▼ -7.19 (-6.52%)
TELE 9.02 Decreased By ▼ -0.21 (-2.28%)
TOMCL 36.41 Decreased By ▼ -1.80 (-4.71%)
TPLP 13.75 Decreased By ▼ -0.02 (-0.15%)
TREET 25.12 Decreased By ▼ -1.33 (-5.03%)
TRG 58.04 Decreased By ▼ -2.50 (-4.13%)
UNITY 33.67 Decreased By ▼ -0.47 (-1.38%)
WTL 1.71 Decreased By ▼ -0.17 (-9.04%)
BR100 11,890 Decreased By -408.8 (-3.32%)
BR30 37,357 Decreased By -1520.9 (-3.91%)
KSE100 111,070 Decreased By -3790.4 (-3.3%)
KSE30 34,909 Decreased By -1287 (-3.56%)

KARACHI: The State Bank of Pakistan (SBP) has suspended the authorisation of an Exchange Company of ‘B’ Category.

The State Bank has suspended, with immediate effect, the authorization of an Exchange Company –B namely M/s Usman International Exchange Company –B (Pvt) Limited till further orders due to serious violations of State Bank’s regulations and instructions.

Copyright Business Recorder, 2023

Comments

Comments are closed.

M H . Khan Sep 09, 2023 01:54pm
Good move . keep it up . there should be zero tolerance on such acts .
thumb_up Recommended (0)
Aamir Latif Sep 09, 2023 06:10pm
Good, just close all these agencies that are black marketeers and involved in smuggling currency to Afghanistan plus hundi... It's high time to nail them
thumb_up Recommended (0)
FAISAL SHAFIQ Sep 09, 2023 08:01pm
All exchange companies should be banned, only banks should be allowed for forex exchange
thumb_up Recommended (0)
Bilal Sarparah Sep 09, 2023 10:12pm
@M H . Khan,
thumb_up Recommended (0)
Bilal Sarparah Sep 09, 2023 10:13pm
Wel.com
thumb_up Recommended (0)