Circulars/Notifications - Exchange Policy Department  
 F.E. Circular No. 25
September 03, 1997 

All Authorized Dealers
In Foreign Exchange,

Dear Sirs,

RECIPROCAL CREDITS OF US$ 50 MILLION GRANTED TO EACH OTHER BY PAKISTAN AND IRAN

Attention of Authorized Dealers is invited to F.E. Circulars No. 50 and 51 both dated the 13th December, 1995 regarding the above arrangements.

2. It is advised that the validity of the reciprocal credits of US$ 50 million granted to each other by Pakistan and Iran has since been extended upto the 29th July, 1998.

3. Authorized Dealers may please bring the above to the notice of their constituents concerned. Other terms and conditions laid down in the above F.E. Circulars remain unchanged

 

       
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