Regulatory Alerts2025-10-31 | DMMD Circular Letter No. 12Rate of Remuneration on SBP Special Cash Reserve Account for FE-Circular 25/1998 Deposits
The State Bank of Pakistan’s Domestic Market & Monetary Management Department announces a 3.00% remuneration rate for November 2025 on the Special Cash Reserve Account (US$). This rate applies to foreign exchange deposits raised by authorized dealers under FE-Circular 25 of 1998 and supersedes previous circular notifications on the subject. Authorized dealers must apply this percentage to calculate monthly interest accruals on their US-dollar reserve balances held with the central bank.
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