The State Bank of Pakistan (SBP) has revoked the authorization of Dream Exchange (Private) Limited with immediate effect, citing serious breaches of regulatory guidelines.

Following the decision, the exchange company has been barred from conducting any foreign exchange operations across its head office and all branches.

The central bank stated that the action was taken due to the company’s failure to comply with required regulatory standards. The move is part of SBP’s broader efforts to tighten supervision of exchange companies and enforce strict adherence to financial rules.

According to the SBP, the decision underscores its commitment to ensuring transparency, discipline, and stability within Pakistan’s foreign exchange sector.