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050228
STATE BANK OF PAKISTAN - EXCHANGE AND DEBT MANAGEMENT DEPARTMENT
EDMD Circular No. 2 of 2005
February 28, 2005
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 2005 on
Special Cash Reserve Account (US$) maintained with the State Bank of Pakistan
would be 1.72%.
sd/=
(Muhammad Basharat)
Jr. Joint Director
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