KARACHI: The State Bank of Pakistan (SBP) Thursday revoked the licenses of two exchange companies for non-compliance of rules and regulations.

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foreign exchange licenses of M/s Capital Exchange Company-B (Pvt) Ltd and M/s Gohar Exchange Company-B (Pvt) Ltd have been revoked by the SBP and now these companies are not authorized to carry out foreign exchange business.

Copyright Business Recorder, 2023