All
Authorized Dealers
In Foreign Exchange,
Dear
Sirs,
DIRECT
BORROWINGS IN PRIVATE SECTOR INCLUSIVE
OF SUPPLIERS CREDITS/
GUARANTEED
LOANS/PAYEE LOANS- ABSORPTION
OF EXCHANGE RISK BY THE
GOVERNMENT
AGAINST PAYMENT OF FEE
Attention
of Authorised Dealers is invited to F.E. Circular
No. 9 dated the 22nd January, 1992 on the subject
noted above.
2.
The rates of exchange risk coverage fee have since
been revised. The revised rates are as under
U.S.
Dollar
6.51% per annum.
D.
Mark
5.17% per annum
Pound
Sterling
5.00% per annum
Swiss
Franc
6.67% per annum
Japanese
Yen
7.50% per annum
The
above rates will apply to the exchange risk coverage
options received in the State Dank of Pakistan on or after
the date of issue of this Circular.
