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040228
STATE BANK OF PAKISTAN - EXCHANGE & DEBT MANAGEMENT DEPARTMENT
EDMD Circular No. 2 February 28, 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 March 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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