Regulatory Alerts2025-09-01 | DMMD Circular Letter No. 10Rate of Remuneration on Special Cash Reserve Account Maintained with SBP Against Deposits Raised Under FE-Circular 25 of 1998
The State Bank of Pakistan’s Domestic Market & Monetary Management Department announces a 3.27 percent remuneration rate for September 2025 on the Special Cash Reserve Account (US$). This rate applies to authorized dealers maintaining US-dollar deposits under FE-Circular 25 of 1998. The notification supersedes previous circular guidance and establishes the applicable return for the specified month.
Circulars/Notifications - Domestic Market & Monetary Management Department
DMMD Circular Letter No. 10 of 2025
September 01, 2025
The Head/Principal Offices of All Authorized Dealers In Foreign Exchange
Dear Sirs/Madams,
RATE OF REMUNERATION ON SPECIAL CASH RESERVE ACCOUNT MAINTAINED WITH SBP AGAINST DEPOSITS RAISED UNDER FE-CIRCULAR 25 OF 1998
Please refer to Para 03 of BSD Circular No. 18 dated March 31, 2001 and DMMD Circular letter No. 03 dated August 09, 2023 on the captioned subject. It is notified that the rate of remuneration for the month of September 2025 on Special Cash Reserve Account (US$) maintained with the State Bank of Pakistan will be 3.27%.
Yours truly,
Sd/-
(Iftikhar Ahmad Tari)
Additional Director
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