2025-07-31 | DMMD Circular Letter No. 09

Rate 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 fixed the August 2025 remuneration rate for Special Cash Reserve Accounts at 3.35 percent. This percentage applies to US-dollar deposits held by authorized foreign exchange dealers under FE-Circular 25 of 1998. Dealers must compute and remit the calculated interest to their respective accounts based on this official notification.

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Domestic Market & Monetary Management Department

DMMD Circular Letter No. 09 of 2025

Jul 31, 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 August 2025 on Special Cash Reserve Account (US$) maintained with the State Bank of Pakistan will be 3.35%.

Yours truly,

Sd/-

(Rizwana Rifat)

Additional Director

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