{
  "id": 1596149,
  "title": "SBP cancels licence of exchange company",
  "url": "https://urgent.news/2026/08/18/sbp-cancels-licence-of-exchange-company",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-18T00:07:38.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40435252/sbp-cancels-licence-of-exchange-company"
  },
  "original_language": "en",
  "account": null,
  "summary": "KARACHI: The State Bank of Pakistan (SBP) has cancelled the authorization/license of M/s Al-Rahim Exchange Company (Pvt) Limited with immediate effect due to serious violations of SBP’s regulatory instructions. Consequently, Al-Rahim Exchange Company, including its Head Office and all constituent branches, is hereby prohibited from undertaking any foreign exchange-related business activities in…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}