The Head/Principal Offices of

All Authorized Dealers

In Foreign Exchange

Dear Sirs/Madam,

RATE OF REMUNERATION ON SPECIAL CASH RESERVE ACCOUNT

MAINTAINED WITH SBP UNDER FE-CIRCULAR 25 OF 1998

Please refer to Para 03 of BSD Circular No. 18 dated March 31, 2001 on the captioned subject. It is notified that the rate of

remuneration for the month of March 2020 on Special Cash Reserve Account (US$) maintained with the State Bank of

Pakistan will be 0.51%.