All
Authorized 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 May 2003 on Special Cash
Reserve Account (US$) maintained with the
State Bank of Pakistan would be 0.82 %.
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