Please refer to BSD Circular Letter no. 10 dated April 30, 2010; BSD Circular Letter No. 15 dated July 13, 2001; BSD Circular letter No. 04 dated February 11, 2010 and instructions on the captioned subject issued from time to time.

• It has been decided that, for the purpose of maintaining CRR in Cash reserve Account-CRA (US$) and Special Cash Reserve Account-SCRA (US$) against deposits raised under FE circular 25 of 1998, the reserve maintenance week will start from Friday and end on following Thursday.
• The FE-25 deposits as of close of business on previous Friday (i.e. with lag of one week) will be taken into account. If previous Friday is holiday then FE-25 deposits as of close of business on preceding working day will be taken into account.
• If New York Federal Reserve Bank is closed on Friday (i.e. first day of reserve maintenance week), the balances in CRA and SCRA as of previous day will be used for closed days also. However, if SBP Karachi is closed on Friday, SWIFT instructions value dated Friday could be submitted along with other returns on the next working day to SBP for its record. 
• The above instructions will be effective from 18th November 2011, which means during the week starting from 18th November 2011 and ending on 24th November 2011, FE-25 deposits as of 11th November 2011 will be used for maintaining balances in CRA and SCRA.
• All other instructions on the subject shall, however, remain unchanged.