Attention
of Exchange Companies is invited to existing reporting
requirement in terms of which Exchange Companies are required
to submit monthly data of foreign exchange transactions
to Statistics and Data Warehouse Department (Formerly
Statistics Department) by the 10th of the following month.
Keeping
in view, considerable developments in IT field and need
to increase the efficiency of statistical information
system to provide timely aggregate foreign exchange data,
it has become imperative to reduce the period of submission
for the captioned data from 10 days to 5 days. This would
help to provide reliable and timely data for decision
making at various levels in different organizations, central
bank and the government.
In
order to make necessary arrangements for reporting foreign
exchange data on revised schedule, Exchange Companies
are advised to report data for the July 2008 onward by
5th of the following month to the reference month along-with
the basic documents of the transactions.
In
case of any query, please contact Mr. Muhammad Zarar Askari,
Joint Director, Exchange Accounts Division, Statistics
& Data Warehouse Department, State Bank of Pakistan
at 021-2453629 and 021- 9218112.