STATE BANK OF PAKISTAN - EXCHANGE POLICY DEPARTMENT

F.E. Circular No. 1 of 2005
January 19, 2005 


All Authorized Dealers
in Foreign Exchange



Dear Sirs/Madam

Permission for In-Flight Duty Free Purchases in PKR

Attention of Authorized Dealers is invited to State Bank’s Notification Nos.F.E.4/92-SB and F.E.5/92-SB both dated the 28th December, 1992 and instructions given in Chapter XVIII of the Foreign Exchange Manual (8th Edition 2002).
Para 7, line 4 of Chapter XVIII of the Foreign Exchange Manual (8th Edition 2002) is amended by inserting the following wordings after “…return to Pakistan”

“and/or for in-flight purchases on PIA’s international flights.”

Please bring the above to the notice of all your constituents.

Yours faithfully
(Fazal Mahmood)
Joint Director