Regulatory Alerts2025-04-30 | DMMD Circular Letter No. 04Rate of Remuneration on SBP Special Cash Reserve Account for FE-Circular 25 Deposits
The State Bank of Pakistan’s Domestic Market & Monetary Management Department establishes a 3.32 percent remuneration rate for May 2025 on Special Cash Reserve Accounts. This fixed percentage applies to US-dollar deposits held by authorized foreign exchange dealers under FE-Circular 25 of 1998. The circular supersedes prior rate notifications from 2001 and 2023 to standardize compensation for these specific reserve balances.
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