KARACHI - The State Bank of Pakistan has extended the suspension period of licence of an Exchange Company (A Category) namely M/s Khanani & Kalia International (Pvt) Limited with effect from December 10, 2008 till further orders, said a press release issued by the SBP here on Saturday. The exchange company, its head office, branches, franchises, payment booths and currency exchange booths have been debarred from undertaking any kind of business activity during the suspension period. It may be recalled that the State Bank had suspended the licence of the above-mentioned Exchange Company on November 10, 2008 for a period of 30 days pending further investigation/notice for violation of SBP rules and regulations.