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No. DCS. ITS/001545/24 |
February 26, 2024 |
The Presidents/ Chief Executives
Authorized Dealers
Dear Sir/Madam,
Banks' Floating Exchange Rates - Revised Timelines
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- With reference to this Department’s Letter No. DS.EA/2006-3353 of September 25, 2006, all Authorized Dealers submit their data of daily exchange rates, on monthly basis, to Core Statistics Department (CSD), State Bank of Pakistan by 3rd of the following month through Data Acquisition Portal (DAP).
- To reduce the lag in dissemination of “Banks’ Average Floating Exchange Rates”, the submission deadline has been changed to 2nd working day of the following month effective February 2024, and to 1st working day of the following month effective January 2025.
- Please do not hesitate to contact Mr. Faisal Obaid, Joint Director ([email protected] / 021-33138227) in case of any query.
Before data submissions to CSD, reporting Institutions shall ensure the data is verified and in compliance with instructions on the subject. Any erroneous and/ or delayed reporting to CSD shall attract punitive action under relevant provisions of law.
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Yours sincerely
Sd/-
(Dr. Muhammad Nadim Hanif)
Director
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