The Head/Principal Offices of
All Authorized Dealers
In Foreign Exchange

Dear Sirs/Madams,

RATE OF REMUNERATION ON SPECIAL CASH RESERVE ACCOUNT
MAINTAINED AGAINST FE-25 DEPOSITS RAISED 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 May 2020 on Special Cash Reserve Account (US$) maintained with the State Bank of Pakistan will be zero percent.