Business

RBF cancels Foreign Exchange Dealer’s license

August 29, 2023 2:24 pm

Reserve Bank of Fiji.

The Reserve Bank of Fiji says that Unimoni Pte Limited’s license to act as a Restricted Foreign Exchange Dealer has been cancelled.

It says this is in line with the business decision of the company, to exit the Fiji market.

In a statement, RBF says Unimoni Pte Limited, which has been in operation in Fiji since 2005, has ceased operation from 11 August.

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It says Unimoni Pte Limited is no longer permitted to act as an authorized restricted foreign exchange dealer.

Fijians have been cautioned against doing business with unlicensed dealers.