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021120
STATE BANK OF PAKISTAN
EDMD Circular No. 20
November 20, 2002
All Authorized Dealers
In Foreign Exchange
Dear Sirs,
RATE OF REMUNERATION ON CASH RESERVE REQUIREMENT FOR DEPOSITS RAISED UNDER FE-CIRCULAR 25 OF 1998
Please refer to Para 03
of BSD Circular No. 18 dated 31st March 2001 on the captioned subject.
It is notified that the rate of remuneration for the month of December 2002 on
Special Cash Reserve Account (US$) maintained with the State Bank of Pakistan
would be 0.94 %.
Yours faithfully
(MUHAMMAD SHAKIR)
Director
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