The State Bank of Pakistan revoked, at the firm’s request, M/s Riaz Exchange Company (Pvt.) Ltd’s authorisation to conduct foreign exchange business with effect from the date it closed operations, meaning it is no longer permitted to undertake any foreign exchange activity.
State Bank of Pakistan 2026-03-05
State Bank of Pakistan revokes Riaz Exchange Company’s foreign exchange authorisation following voluntary closure
The State Bank of Pakistan has revoked M/s Riaz Exchange Company (Pvt.) Ltd's authorization to conduct foreign exchange business following the firm's request. The company is no longer permitted to engage in any foreign exchange activities.