Regulatory Alerts2025-11-28 | DMMD Circular Letter No. 13Added · Updated
Rate of Remuneration on Special Cash Reserve Account with SBP Under FE-Circular 25 of 1998
The document sets the rate of remuneration for the month of December 2025 at 2.86% for the Special Cash Reserve Account (US$) maintained with the State Bank of Pakistan. This rate applies to deposits raised under FE-Circular 25 of 1998. The notification is addressed to the Head or Principal Offices of all Authorized Dealers in Foreign Exchange.
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DMMD Circular Letter No. 13
Rate of Remuneration on Special Cash Reserve Account maintained with SBP against Deposits raised Under FE-Circular 25 Of 1998
November 28, 2025
528
The Head/Principal Offices of All Authorized Dealers In Foreign Exchange
Dear Sirs/Madams,
RATE OF REMUNERATION ON SPECIAL CASH RESERVE ACCOUNT MAINTAINED WITH SBP AGAINST DEPOSITS RAISED UNDER FE-CIRCULAR 25 OF 1998
Please refer to Para 03 of BSD Circular No. 18 dated March 31, 2001 and DMMD Circular letter No. 03 dated August 09, 2023 on the captioned subject.
It is notified that the rate of remuneration for the month of December 2025 on Special Cash Reserve Account (US$) maintained with the State Bank of Pakistan will be 2.86%.
Yours sincerely,
Iftikhar Ahmad Tari Additional Director
Home — Circulars — DMMD Circular Letter No. 13
Rate of Remuneration on Special Cash Reserve Account maintained with SBP against Deposits raised Under FE-Circular 25 Of 1998
November 28, 2025
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