Circulars/Notifications - Domestic Market & Monetary Management Department  
 DMMD Circular No. 07 of 2023 Apr 28, 2023

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


Dear Sirs/Madams,


RATE OF REMUNERATION ON SPECIAL CASH RESERVE ACCOUNT
MAINTAINED WITH SBP AGAINST 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, amended from time to time.

It is notified that the rate of remuneration for the month of May 2023 on Special Cash Reserve Account (US$) maintained with the State Bank of Pakistan will be 4.06%.

  

Yours truly,


(Muhammad Kashif Rahim)
Senior Joint Director


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