All
Authorized Dealers
In Foreign Exchange,
Dear
Sirs,
RECIPROCAL
CREDITS OF US$ 50 MILLION GRANTED TO EACH OTHER BY PAKISTAN
AND IRAN
Attention
of Authorized Dealers is invited to F.E. Circulars No. 50
and 51 both dated the 13th
December, 1995 regarding the above arrangements.
2.
It is advised that the validity of the reciprocal credits
of US$ 50 million granted to each other by Pakistan and
Iran has since been extended upto the 29th July,
1998.
3.
Authorized Dealers may please bring the above to the notice
of their constituents concerned. Other terms and conditions
laid down in the above F.E. Circulars remain unchanged
