State Bank of Pakistan Revokes Al Sahara Exchange Company Authorization
The SBP has revoked the license of Al Sahara Exchange Company following a voluntary request, ending its authority to conduct foreign exchange transactions in Pakistan.
SBP Reserves Dip Below $14.5 Billion Mark Amid Mild Weekly Outflow
The State Bank of Pakistan’s foreign exchange reserves declined by $69 million, falling below $14.5 billion, while total national reserves dipped slightly to $19.918 billion amid minor fluctuations in the banking sector’s holdings.