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020731

STATE BANK OF PAKISTAN

EDMD Circular No. 12
July 31, 2002

All Authorised Dealers
In Foreign Exchange

Dear Sirs,

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 2002 on Special Cash Reserve Account (US$) maintained with the State Bank of Pakistan would be 1.32 %.

Yours faithfully

(MUHAMMAD SHAKIR)
Director


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