SBP revokes Al-Hameed Money Exchange license

MG News | December 09, 2024 at 06:27 PM GMT+05:00

0:00

December 09, 2024 (MLN): The State Bank of Pakistan (SBP) on December 09, 2024, has canceled the authorization/license issued to Al-Hameed International Money Exchange (Private) Limited under the Foreign Exchange Regulations Act, 1947 on account of contraventions of the applicable laws and SBP’s regulations.

Therefore, the aforesaid exchange company, including its head office and outlets can no longer undertake any kind of foreign exchange-related business activity.

Copyright Mettis Link News

Related News

Key Pakistan Market Stats and Economic Indicators

SBP’s FX Purchases Jump to USD 1.02bn in September

Name	Price/Vol	%Chg/NChg
KSE100	156,177.12 289.65M	6.62% 9696.97
ALLSHR	93,623.09 484.05M	5.91% 5221.94
KSE30	48,043.06 141.71M	6.77% 3046.55
KMI30	225,069.58 124.56M	7.16% 15030.17
KMIALLSHR	60,866.01 284.12M	6.19% 3550.28
BKTi	45,102.26 59.40M	6.46% 2737.76
OGTi	33,122.47 17.00M	5.22% 1641.98

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	70,765.00	71,510.00 68,485.00	1560.00 2.25%
BRENT CRUDE	92.36	95.04 88.05	-6.60 -6.67%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-17.60 -15.04%
ROTTERDAM COAL MONTHLY	127.00	129.25 127.00	-5.50 -4.15%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	89.14	91.48 84.43	-5.63 -5.94%
SUGAR #11 WORLD	14.49	14.57 14.17	-0.10 -0.69%