The State Bank of Pakistan (SBP) has cancelled the license of Dream Exchange (Private) Limited effective immediately due to significant violations of regulatory guidelines.
As stated by the central bank, the firm is now prohibited from engaging in any foreign exchange-related business activities, which includes operations at its main office and all branches.
The SBP indicated that this measure was implemented because of the Dream Exchange company’s failure to comply with regulatory standards, as part of its continuous efforts to enhance oversight of exchange companies and ensure compliance with financial regulations.
This action demonstrates the regulator’s firm position on compliance and its commitment to upholding transparency and stability within Pakistan’s foreign exchange market.
SBP keeps key interest rate unchanged
Pakistan’s central bank, on Monday made the decision to maintain its key interest rate at 10.5 percent, as increasing global oil prices and escalating tensions in the Middle East introduce new uncertainties regarding inflation.
This decision was revealed following the most recent meeting of the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP).
This marked the second policy review for the year 2026. Numerous market analysts had expected that the central bank would keep the rate steady.
Experts indicated that the recent surge in global energy prices, coupled with rising tensions in the Gulf region, has left the economic outlook more uncertain.
