All
Authorized 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 August 2003 on Special
Cash Reserve Account (US$) maintained with the State Bank
of Pakistan would be 0.60 %.