The Head/Principal Offices of all
Authorized Dealers in Foreign Exchange.
Dear
Sirs/Madam
Daily
Statement Showing the Inflow /Outflow
from
Special Convertible Rupee Accounts (SCRAs)
on
Account
of Portfolio Investment at Stock Exchanges
Attention of Authorized Dealers is invited to SBP Circular
No.295/INT-C/11(579)/2000 dated February 21, 2000 in terms
of which they are required to submit the statement of Special
Convertible Rupee Account on weekly basis.
To
monitor the foreign Portfolio Investment in Pakistan closely,
it has been decided to collect this information on daily
as well as weekly basis. In this regard, Head/Principal
Offices of all Authorized Dealers are advised to submit
a statement on the enclosed proforma showing the position
of Special Convertible Rupee Accounts (SCRAs) maintained
with them by non-resident investors to State Bank of Pakistan.
The above information should be reported with immediate
effect to Statistics Department, State Bank of Pakistan
through Fax Nos. 021-9212569, 9212572 positively by 10.00A.M
on each day for the position at the close of business on
the previous day. In case of no transaction under SCRA a
NIL statement should be reported. The time lines mentioned
above are required to be adhered to strictly.
Please bring the above to the notice of all your constituents.
Encl.
As above