Circulars/Notifications - Exchange and Debt Management Department  
 EDMD Circular No. 10
October 31, 2001 

All Authorised Dealers

in Foreign Exchange

Dear Sirs,

CASH RESERVE REQUIREMENT FOR DEPOSITS
RAISED UNDER FE-CIRCULAR 25 OF 1998

Please refer to para 03 of BSD Circular No. 18 dated 31st March 2001 on the captioned subject.

It is notified that the rate of remuneration for the month of NOVEMBER 2001 on Special Cash Reserve Account (US$) maintained with the State Bank of Pakistan would be 1.32 %

Yours faithfully
Sd/-(MUHAMMAD SHAKIR)

Director
 
Copy forwarded for information and necessary action to:

1. The Director, Banking Supervision Department, SBP, CD, Karachi.

2. The Director, Accounts Department, SBP, CD, Karachi.

3. The Director, Exchange Policy Department, SBP, CD, Karachi.

4. The Chief Spokesman, Corporate and Media Affairs Department, SBP, CD, Karachi.

5. The Chief Manager, SBP, Karachi.

6. The Chief Manager, SBP, Lahore.


(Faisal Maqsood)

Assistant Director
       
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