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040731
STATE BANK OF PAKISTAN - BANKING POLICY DEPARTMENT
EDMD Circular No. 09
July 31, 2004
All Authorised Dealers
In Foreign Exchange
Dear Sir,
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 August 2004 on
Special Cash Reserve Account (US$) maintained with the State Bank of Pakistan
would be 1.00 %.
Sd/-
(Muhammad Basharat)
Junior Joint Director
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