(Photo: File)
Karachi: The State Bank suspended the license of the exchange company.
Bank Daulat Pakistan has immediately suspended the license of M/s Royal International Exchange Company (Pvt.) Limited for violation of State Bank rules and regulations.
Also read: State Bank’s decision to maintain the interest rate at 22 percent
The head office, branches, franchises and payment booths of the said exchange company are prohibited from carrying out any business activity during the suspension period.
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