Regulatory Alerts2025-02-04 | DMMD Circular Letter No. 01Added · 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 February 2025 at 3.31% for Special Cash Reserve Accounts (US$) maintained with the State Bank of Pakistan against deposits raised under FE-Circular 25 of 1998. This notification applies to the Head and Principal Offices of all Authorized Dealers in Foreign Exchange.
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DMMD Circular Letter No. 01
Rate of Remuneration on Special Cash Reserve Account maintained with SBP against Deposits raised under FE-Circular 25 Of 1998
February 04, 2025
540
The Head/Principal Offices of All Authorized Dealers In Foreign Exchange
Dear Sirs/Madams,
RATE OF REMUNERATION ON SPECIAL CASH RESERVE ACCOUNT MAINTAINED WITH SBP AGAINST DEPOSITS RAISED UNDER FE-CIRCULAR 25 OF 1998
Please refer to Para 03 of BSD Circular No. 18 dated March 31, 2001 and DMMD Circular letter No. 03 dated August 09, 2023 on the captioned subject.
It is notified that the rate of remuneration for the month of February 2025 on Special Cash Reserve Account (US$) maintained with the State Bank of Pakistan will be 3.31%.
Yours sincerely,
Iftikhar Ahmad Tari Additional Director
Home — Circulars — DMMD Circular Letter No. 01
Rate of Remuneration on Special Cash Reserve Account maintained with SBP against Deposits raised under FE-Circular 25 Of 1998
February 04, 2025
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