First Islamabad Based Category “A” Exchange Company Incorporated under the F.E Circular 09 and Companies Ordinance 1984.

COMPANY OVERVIEW

We have our presence in currency exchange business since 1992. Since then we were operating as authorized money changers till the introduction of new policy of State Bank of Pakistan. We have converted our business from proprietorship to corporate entity and are working as an exchange company of category ‘A’ in the name of Riaz Exchange Company (Pvt.) Ltd. under license from SBP.

OUR COMMITMENTS

Riaz Exchange Company (Pvt.) Ltd. has always worked hard to maintain excellent customers’ relations by providing best quality products and services to its customers. By the Grace of All mighty Allah and quality services Riaz Exchange Company holds a large customer base in Islamabad & Rawalpindi.

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BANKERS

The following list reveals the names of leading bankers with which REC is doing business:

Askari Commercial Bank Limited
Al-Baraka Islamic Bank Limited
Silk Bank Limited
Dubai Islamic Bank Limited

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Future Plans

Currently we are operating through two branches, one situated in Blue area, Islamabad and 2nd branch at Bank Road, Rawalpindi cantt. We are catering the needs of a large customer base both residents and non-residents. Taking a step forward & to meet needs of our growing clientele we are…

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Currency Rates
Updated on August 29, 2016
No. Currency BUYING RATE SELLING RATE
1 USD 106.00 106.50
2 GBP 137.50 138.80
3 EUR 117.60 118.60
4 AED 28.70 28.95
5 AUD 79.50 81.50
6 CAD 80.50 82.50
7 JPY 1.02 1.06
8 SAR 28.00 28.25
*Note: The rates are indicative only. Please visit our nearest branch for updated information.
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