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040131

STATE BANK OF PAKISTAN - EXCHANGE AND DEBT MANAGEMENT DERPARTMENT

EDMD Circular No. 01
January 31, 2004 


All Authorised 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 February 2004 on Special Cash Reserve Account (US$) maintained with the State Bank of Pakistan would be 0.60 %.

Sd/-
(Muhammad Basharat)
Jr. Joint Director


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