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STATE BANK OF PAKISTAN
EDMD
Circular No. 19
October
31, 2002
All Authorized
Dealers
In Foreign Exchange Reserves
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 November 2002 on Special Cash Reserve Account (US$) maintained with the
State Bank of Pakistan would be 1.22
%.
Yours
faithfully
(MUHAMMAD
SHAKIR)
Director
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