Regulatory Alerts2025-02-28 | DMMD Circular Letter No. 02Rate of Remuneration on Special Cash Reserve Accounts with SBP under FE-Circular 25 of 1998
The State Bank of Pakistan’s Domestic Market & Monetary Management Department has set the March 2025 remuneration rate at 3.32 percent for Special Cash Reserve Accounts maintained under FE-Circular 25 of 1998. Authorized Dealers in Foreign Exchange must apply this fixed percentage to their US-dollar deposits held with the central bank for the specified month. The circular supersedes prior notifications and standardizes compensation calculations to ensure consistent returns on eligible foreign exchange deposits.
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