Regulatory Alerts2026-05-29 | DMMD Circular Letter No. 7 of 2026Added · Updated
Rate of Remuneration on Special Cash Reserve Account Maintained with SBP against Deposits Raised under FE-Circular 25 of 1998
The State Bank of Pakistan sets the remuneration rate for Special Cash Reserve Accounts (US$) maintained against deposits raised under FE-Circular 25 of 1998 at 2.62% for the month of June 2026. This notification applies to all Authorized Dealers in Foreign Exchange and supersedes previous rates announced in BSD Circular No. 18 and DMMD Circular Letter No. 03.
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DMMD Circular Letter No. 7
Rate of Remuneration on Special Cash Reserve Account Maintained with SBP against Deposits Raised under FE-Circular 25 of 1998
May 29, 2026
37204
The Head/Principal Offices of All Authorized Dealers In Foreign Exchange
Dear Sirs/Madams,
Rate of Remuneration on Special Cash Reserve Account Maintained with SBP against Deposits Raised under FE-Circular 25 of 1998
Please refer to Para 03 of BSD Circular No. 18 dated March 31, 2001 and DMMD Circular letter No. 03 dated August 09, 2023 on the captioned subject. It is notified that the rate of remuneration for the month of June 2026 on Special Cash Reserve Account (US$) maintained with the State Bank of Pakistan will be 2.62%.
Yours sincerely,
Iftikhar Ahmad Tari Additional Director
Home — Circulars — DMMD Circular Letter No. 7
Rate of Remuneration on Special Cash Reserve Account Maintained with SBP against Deposits Raised under FE-Circular 25 of 1998
May 29, 2026