Circulars

Rate of Remuneration on Special Cash Reserve Account Maintained with SBP Under Fe-Circular 25 of 1998

September 30, 2009
10337

All Banks/Primary Dealers

Dear Sirs/Madams,

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 31st March 2001 on the captioned subject.

It is notified that the rate of remuneration for the month of October, 2009 on Special Cash Reserve Account (US$) maintained with the State Bank of Pakistan will be 0%.

Yours sincerely,

Abdul Majeed
Jr. Joint Director