Regulatory Alerts2026-03-31 | DMMD Circular Letter No. 03 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 rate of remuneration for the Special Cash Reserve Account (US$) at 2.66% for the month of April 2026. This rate applies to accounts maintained by Authorized Dealers in Foreign Exchange against deposits raised under FE-Circular 25 of 1998.
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DMMD Circular Letter No. 03
Rate of Remuneration on Special Cash Reserve Account maintained with SBP against Deposits raised Under FE-Circular 25 Of 1998
March 31, 2026
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The Head/Principal Offices of
All Authorized Dealers
In Foreign Exchange
Dear Sirs/Madams,
RATE OF REMUNERATION ON SPECIAL CASH RESERVE ACCOUNT
MAINTAINED WITH SBP AGAINST DEPOSITS RAISED UNDER FE-CIRCULAR 25 OF 1998
Please refer to Para 03 of BSD Circular No. 18 dated March 31, 2001 and DMMD Circular letter No. 03 dated August 09, 2023 on the captioned subject.
It is notified that the rate of remuneration for the month of April 2026 on Special Cash Reserve Account (US$) maintained with the State Bank of Pakistan will be 2.66%.
Yours sincerely,
Rizwana Rifat Additional Director
Home — Circulars — DMMD Circular Letter No. 03
Rate of Remuneration on Special Cash Reserve Account maintained with SBP against Deposits raised Under FE-Circular 25 Of 1998
March 31, 2026