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040331
STATE BANK OF PAKISTAN - EXCHANGE & DEBT MANAGEMENT DEPARTMENT
EDMD Circular No. 3
March 31, 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 April 2004 on Special Cash Reserve Account (US$) maintained with
the State Bank of Pakistan would be 0.59 %.
Sd/-
(Muhammad Basharat)
Jr. Joint Director
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