All Authorised Dealers
In Foreign Exchange
Dear
Sirs,
RATE
OF REMUNERATION ON CASH RESERVE REQUIREMENT
FOR DEPOSITS RAISED 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 January 2004 on Special Cash Reserve Account (US$) maintained
with the State Bank of Pakistan would be 0.62 %.