FE
Circular No. 16 of 2006 |
October 31, 2006 |
The
Head/Principal Offices of all
Authorized Dealers in Foreign Exchange
Dear
Sir/Madam,
Monthly
Foreign Exchange Returns - Inclusion of Additional information
Attention
of Authorized Dealers is invited to FE Circular No. 08 dated
March 19, 2003 on the captioned subject in terms of which
Authorized Dealers are required to submit the data of foreign
exchange transactions to Statistics and Data Warehouse Department
(Formerly Statistics Department) on floppy diskettes up
to 10th of each month. The data on trade (exports and imports)
include information on commodity, country, currency, transaction
type (Import / Export), amounts, etc.
In order to enhance the utility of the said data for policy
formulation and financial planning, the existing format
of foreign exchange returns has been revised to include
additional information on quantity, unit of the commodity,
mode of trade (Incoterm e.g. fob, c&f, etc) and price
per unit. Schedules of exports (A-1/O-1, A-2/O-2, A-3/O-3)
and schedule of imports (E-2/P-2, EL-2/EL-3) have also been
revised accordingly. The revised schedules, code list of
units for quantity and mode of trade (Incoterms) and revised
reporting software can be obtained from Statistics &
Data Warehouse Department or can be downloaded from State
Bank of Pakistan website at link http://www.sbp.org.pk/fe_returns/index.htm.
All other instructions on the subject will remain unchanged.
Consequently, Authorized Dealers are advised to supply the
floppy diskette containing monthly foreign exchange data
with additional information starting from the month of November
2006 and onwards to Statistics and Data Warehouse Department
under the revised format by the due date for submission
of these returns i.e. 10th of the following month. Authorized
Dealers are further advised to properly record the additional
information for all imports and exports at the time of transaction
for onward supply of the same to SBP.
In case of any clarification / query, please contact Director,
Statistics & Data Warehouse Department, State Bank of
Pakistan at Fax 021-9212569 or e-mail [email protected]
Authorized Dealers are advised to bring the above to the
notice of all their constituents.
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Yours
faithfully,
Sd/-
(Syed Samar Hasnain)
Director
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