Regulatory Alerts2025-06-30 | DMMD Circular Letter No. 08Rate of Remuneration on Special Cash Reserve Account Maintained with SBP Against FE-Circular 25 of 1998
The State Bank of Pakistan’s Domestic Market & Monetary Management Department establishes a 3.32 percent remuneration rate for July 2025 on Special Cash Reserve Accounts (US$). This fixed percentage applies to deposits raised under FE-Circular 25 of 1998 and supersedes previous circular directives on the subject. Authorized dealers must apply this rate to calculate monthly interest accruals for their respective accounts.
Circulars/Notifications -
Domestic Market & Monetary Management Department
DMMD Circular Letter No. 08 of 2025
June 30, 2025
The Head/Principal Offices of All Authorized Dealers In Foreign Exchange
Dear Sirs/Madams,
RATE OF REMUNERATION ON SPECIAL CASH RESERVE ACCOUNT MAINTAINED WITH SBP AGAINST DEPOSITS RAISED UNDER FE-CIRCULAR 25 OF 1998
Please refer to Para 03 of BSD Circular No. 18 dated March 31, 2001 and DMMD Circular letter No. 03 dated August 09, 2023 on the captioned subject.
It is notified that the rate of remuneration for the month of July 2025 on Special Cash Reserve Account (US$) maintained with the State Bank of Pakistan will be 3.32%.
Yours truly,
Sd/-
(Iftikhar Ahmad Tari)
Additional Director
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