Regulatory Alerts2025-05-30 | DMMD Circular Letter No. 07Rate of Remuneration on Special Cash Reserve Account with SBP under FE-Circular 25 of 1998
The State Bank of Pakistan’s Domestic Market & Monetary Management Department has announced a 3.32 percent remuneration rate for June 2025 on Special Cash Reserve Accounts maintained by authorized dealers against foreign exchange deposits under FE-Circular 25 of 1998. This directive requires all authorized dealers to apply the specified percentage when calculating interest accruals on their US-dollar denominated reserve balances held at the central bank. The updated rate supersedes prior circular notifications and standardizes remuneration calculations for authorized dealers throughout the specified month.
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