The Chief Executives of all

Exchange Companies and

Exchange Companies of ‘B’ Category

Dear Sirs / Madam,

Issuance of Updated Exchange Companies Manual - 2017

1. Attention of Exchange Companies and Exchange Companies of ‘B’ category is invited to EPD Circular Letter No. 04 dated February 17, 2017.
2. In this regard, Exchange Companies and Exchange Companies of ‘B’ category are advised that Exchange Companies Manual has been updated by incorporating the related instructions issued by the State Bank through FE Circulars and Circular Letters up to December 31, 2017.
3. Updated Exchange Companies Manual - 2017 has been placed at the State Bank’s website www.sbp.org.pk.
4. Please bring the above to the notice of all your constituents.