Attention of the Authorized Dealers is invited to FE Circular No. 11 dated December 19, 2008 and other instructions issued on the subject from time to time.

2. As the payment channel for processing 'ACU Euro' transactions is under review, SBP is temporarily suspending operations in 'ACU Euro' with immediate effect. Accordingly, all eligible transactions in Euro are permitted to be settled outside the ACU mechanism until further notice.

3. The instructions related to settlement of ACU Dollar transactions and other instructions on the subject will remain unchanged. Please bring the above to the notice of all your constituents.