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040630
STATE BANK OF PAKISTAN - EXCHANGE & DEBT MANAGEMENT DEPARTMENT
EDMD Circular No. 07
June 30, 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 July 2004 on
Special Cash Reserve Account (US$) maintained with the State Bank of Pakistan
would be 0. 87 %.
sd/=
(Muhammad Basharat)
Jr. Joint Director
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