SBP Suspends licence Of Forex Company

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KARACHI: The State Bank of Pakistan has suspended the licence of an exchange company M/s Khanani & Kalia International (Pvt) Limited for a period of 30 days for violation of the rules and regulations of the central bank. The central bank in a press note debarred the company, its head office, branches, franchises, payment booths and currency exchange booths from undertaking any kind of business activity during the suspension period.



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