SBP has made exchange firms operations transparent


LAHORE – The Link International Exchange Private Limited director Anis Rajput has hailed the performance of the central bank, as it has made the operations of the exchange companies very transparent.
Talking to The Nation, he said that political tension in the country has depreciated the value of local currency significantly, suggesting the government to devise strong, effective  and long-term financial policies to lower trade deficit. He welcomed the Pak-Turkey currency swap agreement, urging the government to ink more deals of such kind.
The Link International Exchange Private Limited director said that his exchange company will formally be inaugurated by the Service Group of Industries chairman Ch Ahmed Saeed on Monday in Lahore. He said that Link International Exchange is an ‘A’ category exchange company based in Lahore, providing a variety of financial services to a diversified range of clients.
He said that Link International Exchange gives authentic, quick, convenient, reliable and secure services, including exchange of all foreign currencies, home and outward remittances and demand drafts. He said that Links clientele has a range of diversity as it has redefined international business through linking everyone in its ever expanding network. Link International Exchange’s business model is based on the core of CSR and environmental sustainability, which allows it to comply with all legal requirements set by the State Bank of Pakistan and the Securities and Exchange Commission of Pakistan. Moreover, Link International Exchange’s business model adheres to the rules and regulations of the Financial Action Task Force to improve the image of Pakistan.
“We believe that the foundation of the present and future is the financial market. This is the new era of globalization and world has become a global village. It can be seen that the financial market is an innovating apparatus, which is performing the visualization of mechanism of the human brain,” he added.

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