All
Authorised Dealers
in Foreign Exchange,
Dear
Sirs,
RECIPROCAL
CREDIT OF US$ 50 MILLION
GRANTED TO EACH OTHER BY PAKISTAN & IRAN
Attention
of the Authorised 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
the Pakistan and Iran has since been extended upto the 27th
July, 2000.
3.Authorised
Dealers may please bring the above the notice of their constituents
concerned.
Other terms and conditions laid down in the above Circulars
remain unchanged.