The State Bank of Pakistan (SBP) has cancelled the authorization of Dream Exchange (Private) Limited with immediate effect due to serious violations of regulatory requirements.
According to the central bank, the company is no longer allowed to carry out any foreign exchange business, including operations at its head office and all branches.
The SBP said the decision was taken because of non-compliance with its rules and regulations, as part of ongoing efforts to strengthen oversight of exchange companies.
The move highlights the regulator’s strict approach toward enforcement and its focus on ensuring transparency and stability in Pakistan’s foreign exchange market.
