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Karachi: Mr. Zafar Paracha, Secretary General of the Exchange Companies Association of Pakistan (ECAP), announced that exchange companies handled a total volume of approximately USD 7.0 billion in 2024, significantly contributing to Pakistan’s economic progress and prosperity. This achievement reflects the pivotal role of exchange companies in stabilizing Pakistan’s foreign exchange market. Strengthening Foreign Reserves …
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Karachi: Zafar Paracha, Secretary General of the Exchange Companies Association of Pakistan (ECAP), has expressed strong support for the State Bank of Pakistan’s (SBP) newly introduced framework for exchange companies. He praised this initiative as a transformative step toward improving operational efficiency, ensuring customer security, and eliminating illegal trading in the gray market. Paracha commended …
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