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Company Info

PAKISTAN CURRENCY EXCHANGE (PVT) LTD. WAS INCORPORATED UNDER COMPANIES ORDINANCE 1984 ON 20TH JUNE 2003, IN KARACHI, PAKISTAN. IN 70'S HUNDRED OF THOUSANDS OF PAKISTANI NATIONALS LEFT FOR MIDDLE EAST, EUROPE, AND USA FOR BETTER PROSPECT AND TO EARN LIVELIHOOD. AFTER ABOUT TWO YEARS,DREAMPANERAI INWARD FOREIGN EXCHANGE REMITTANCES INCREASED MANIFOLD AND DURING NEXT DECADE, IT BECOME NECESSARY TO HAVE MONEY EXCHANGE BUSINESS REGULARIZED, THEREFORE, THE MONEY CHANGING BUSINESS WAS GRANTED LEGAL STATUS AND STATE BANK OF PAKISTAN AUTHORIZED MONEY CHANGERS TO CONDUCT MONEY CHANGING BUSINESS IN YEAR 1991. SINCE THEN M/S. BOSTAN INTERNATIONAL, WAS INCORPORATED ON 30TH DEC, 1992 AND HAS BEEN DOING BUSINESS OF MONEY CHANGING. UNDER THE DIRECTIVE OF STATE BANK OF PAKISTAN, (F. E. CIRCULAR NO.9 DATED 30TH JULY,2002 PROMULGATION OF ORDINANCE NO. XXX OF 2002 FOR THE AMENDMENTS IN FOREIGN EXCHANGE REGULATION ACT. 1947) FOR ESTABLISHMENT OF EXCHANGE COMPANIES, WHICH WERE REQUIRED TO REPLACE THE EXISTING SYSTEM OF AUTHORIZED MONEY CHANGERS, LAST DATE MENTIONED AS 30TH JULY, 2004. IN THE LIGHT OF ABOVE FACT, M/S PAKISTAN CURRENCY EXCHANGE COMPANY (PVT) LTD., WAS INCORPORATED UNDER THE COMPANIES ORDINANCE 1984 IN KARACHI, PAKISTAN TO COP WITH THE PRESENT WORKING ENVIRONMENT. SECURITIES & EXCHANGE COMMISSION OF PAKISTAN, VIDE COMPANY REGISTRATION NO ISSUED CERTIFICATE OF INCORPORATION: K-09411 OF 2002-2003 FURTHERMORE, STATE BANK OF PAKISTAN HAS ALSO ISSUED EXCHANGE COMPANY LICENSE NO: 13, UNDER STATE BANK OF PAKISTAN LETTER NO: EPD/9180/24(31) EC-/2003 DATED 14TH NOV, 2004 AND RENEWABLE AFTER THREE YEARS.

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PSX-LOSES-1221-points

On Monday It has been observed by Pakistan Stock exchange that KSE 100 index closed at 40,409.38 points as compared to 41,630.93 points on the last working day, with negative change of 1221.55 points (2.93%). Over all 351 companies transacted shares in Stock Market on Friday, in which 12 of them remain constant, 43 embraces the gain and 296 endured losses. While 3 companies were on top including Bank of Punjab, Hascol Petrol, and Maple Leaf.The raise of Rs 46.88 per share Rs 911.99 had recorded by Sapphire Textile And Rs 39.96 per share , closing at Rs 705.96. attained by Sapphire Fiber. Although we reckon that downfall of Rs 147.41 per share, closing at Rs 2309.54 was followed by Colgate Palm whereas the decrease in prices of Rs 127.67 per share closing at Rs6772.33 were marked by Rafhan Maize.

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Our Partners
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Testimonials
1
Mr.Ali Baig

I am extremely impressed with the services they have, I find it really quick and easy either you got your bank account or not

6
Mr.Urooj

Now it’s easy to transfer money to my family because its online and I don’t need to step out to get it done. It saves time also

3
Mr.Zaid

Whenever I plan vacations abroad I make sure to get the currency exchanged through it because they are the ones who offer at prices less than market does.

4
Mr.Mohsin

What more could you ask for when you can receive money faster and easier than ever and makes my regular transfers efficient.

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