Circular Letter No. 6 |
April 12, 2003 |
All Head Offices/Principal
Offices of
Authorized Dealers in Foreign Exchange.
Dear
Sirs,
DECLARATION
OF CHINESE CURRENCY ‘RMB’ (YUAN)
AS APPROVED FOREIGN EXCHANGE FOR THE PURPOSE
OF THE STATE BANK OF PAKISTAN ACT, 1956.
All Authorized Dealers are advised that Government of Pakistan
has declared Chinese Currency “RMB” (Yuan) as
approved foreign exchange for all purposes of State Bank
of Pakistan Act, 1956 with immediate effect.
2.
In this context, a copy of Government of Pakistan’s
Gazette Notification No. S.R.O. 250(1)/2003 dated the 6th
March, 2003 is enclosed for information.
Encl.
As above.
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Yours
faithfully,
(SYED SAMAR HASNAIN)
Joint Director |
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Endt.
No. 06-A /EPP-8(28)T-2003 of date.
Copy forwarded for information
to: -
(i). The Director, EPD, SBP,
BSC (Bank), Karachi with a request to please circulate the above
in his Area Offices.
(ii). The Director, Accounts Department,
SBP, Karachi
(iii). The Director, Banking Inspection
Department, SBP, Karachi
(iv). The Director, Banking Policy
Department, SBP, Karachi
(v).
The Director, Banking Supervision Department, SBP, Karachi
(vi).
The Director, Statistics Department, SBP, Karachi.
Assistant
Director
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