Circulars/Notifications - Exchange and Debt Management Department  
 EDMD Circular No. 15
September 30, 2002 

All Authorised Dealers
In Foreign Exchange

Dear Sirs,

RATE OF REMUNERATION ON 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 October 2002 on Special Cash Reserve Account (US$) maintained with the State Bank of Pakistan would be 1.31 %.

Yours faithfully
(MUHAMMAD SHAKIR)

Director
       
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