Regulatory Alerts2026-04-30 | DMMD Circular Letter No. 05 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$) maintained against deposits raised under Fe-Circular 25 of 1998 at 2.65% for the month of May 2026. This rate applies to all Authorized Dealers in Foreign Exchange holding such accounts with the central bank.
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DMMD Circular Letter No. 05
Rate of Remuneration on Special Cash Reserve Account Maintained with SBP Against Deposits Raised Under Fe-Circular 25 of 1998
April 30, 2026
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The Head/Principal Offices of All Authorized Dealers In Foreign Exchange Dear Sirs/Madams, RATE OF REMUNERATION ON SPECIAL CASH RESERVE ACCOUNT MAINTAINED WITH SBP AGAINST DEPOSITS RAISED UNDER FE-CIRCULAR 25 OF 1998 Please refer to Para 03 of BSD Circular No. 18 dated March 31, 2001 and DMMD Circular letter No. 03 dated August 09, 2023 on the captioned subject. It is notified that the rate of remuneration for the month of May 2026 on Special Cash Reserve Account (US$) maintained with the State Bank of Pakistan will be 2.65%.
Yours sincerely,
(Iftikhar Ahmad Tari) Additional Director
Home — Circulars — DMMD Circular Letter No. 05
Rate of Remuneration on Special Cash Reserve Account Maintained with SBP Against Deposits Raised Under Fe-Circular 25 of 1998
April 30, 2026