Circulars/Notifications - Exchange Policy Department  
 EPD Circular Letter No. 01 /11(579)-2008

January 15, 2008

The Head/Principal Offices of all
Authorized Dealers in Foreign Exchange

Dear Sirs/ Madam,

Reporting of Special Convertible Rupee Accounts (SCRAs)
on Account of Portfolio Investment at Stock Exchanges

Attention of Authorized Dealers is invited to EPD Circular Letter Nos.295/INT-C/11 (579)/ 2000 and No.05/EPP.11 (579)-2005 dated February 21, 2000 and March 11, 2005 respectively, in terms of which banks were required to submit the statement of SCRAs on daily and weekly basis.

In order to further streamline the reporting mechanism, it has been decided to revise the reporting formats of daily and weekly statements. In this regard, Head/ Principal Offices of all Authorized Dealers are advised to submit statements to Statistics and Data Warehouse Department, State Bank of Pakistan in the excel format on the enclosed revised proformas showing the position of Special Convertible Rupee Accounts (SCRAs) maintained with them by non-resident investors. The format can also be downloaded from the following link:

The above information should be reported to Statistics and Data Warehouse Department, State Bank of Pakistan through Email [email protected] For any assistance/enquiry please contact Mr. Behzad Ali Ahmad, Joint Director over phone No. 021-9212568. Other instructions in this regard will remain unchanged.

Please bring the above to the notice of all your constituents.

Encl.: Appendix-I,  Appendix-II

Yours faithfully,

(Syed Samar Hasnain)

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