Circulars/Notifications - Domestic Market & Monetary Management Department  
 DMMD Circular No. 5 of 2011

May 12, 2011 



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


Dear Sirs/Madams,

Foreign Exchange Exposure Limit (FEEL)

Please refer to FSCD Circular No. 09 dated June 10, 2009 on the captioned subject.

1. In accordance with the changed market condition and trade volumes, State Bank of Pakistan has decided to increase the maximum cap on aggregate Foreign Exchange Exposure Limit (FEEL) of Authorised Dealers (ADs) to PKR 2,500 million effective from 16th May 2011.

2. Based on the review of the annual audited accounts, the FEEL of each Authorized Dealer will be advised separately.

3. All other instructions on the subject shall remain unchanged.

Yours sincerely

(Muhammad Ali Malik)
Director


       
Home
About SBP
Publications
Economic Data
Press Releases
Circulars/Notifications
Laws & Regulations
Monetary Policy
Help Desk
SBP Videos
Feedback
Contact us
What's New?
Speeches
Online Tenders
Web Links

Educational Resources
Regulatory Returns
Library
Rupey ko Pehchano
Events
Zahid Husain Memorial Lecture
Careers
Sitemap
 
Best view Screen Resolution : 1024 * 768
Copyright © 2016. All Rights Reserved.