All
Authorised Dealers
In Foreign Exchange
Dear Sir,
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 July 2005 on Special Cash Reserve Account (US$) maintained
with the State Bank of Pakistan would be 2.34%.