April 30, 2012
The Head/Principal Offices of All Authorised Dealers In Foreign Exchange
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 May 2012 on Special Cash Reserve Account (US$) maintained with the State Bank of Pakistan will be 0%.
Sd/-
(Athar Ghafoor) Sr. Joint Director