SBP suspends license of exchange company

November 28, 2013 Off By Web Desk

Karachi: The State Bank of Pakistan has suspended with immediate effect the license of M/s Gohar Exchange Company-B (Pvt) Limited till further orders on account of violations of State Bank’s rules and regulations.

The said Exchange Company, its Head Office and Branches have been debarred from undertaking any kind of business activity during the suspension period.