In Foreign Exchange,
BORROWINGS IN PRIVATE SECTOR
INCLUSIVE OF SUPPLIERS CREDITS/
GUARANTEED LOANS/PAYE LOANS-
ABSORPTION OF EXCHANGE RISK BY THE
GOVERNMENT AGAINST PAYMENT OF FEE
of Authorized Dealers is invited to F.E.
Circular No. 27 dated the 7th March, 1994
on the subject noted above.
2. The rates
of exchange risk coverage fee have since been revised. The
revised rates are as under:-
||6.66% per annum
The above rates will apply to the exchange risk coverage
options received in the State Bank of Pakistan on or after
the date of issue of this Circular.