Regulatory Alerts2026-01-30 | DMMD Circular Letter No. 01Rate 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 set the February 2026 remuneration rate for US-dollar Special Cash Reserve Accounts at 2.67 percent. This fixed percentage applies to accounts maintained by authorized foreign exchange dealers against deposits raised under FE-Circular 25 of 1998. The directive requires all principal offices to implement the updated rate immediately for the specified month.
Circulars/Notifications - Domestic Market & Monetary Management Department
DMMD Circular Letter No. 01 of 2026
January 30, 2026
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 February 2026 on Special Cash Reserve Account (US$) maintained with the State Bank of Pakistan will be 2.67%.
Yours truly,
Sd/-
(Iftikhar Ahmad Tari)
Additional Director
Back to Circular Page
/
Home Page