SBP's directive to exchange companies

13 Jul, 2006

The State Bank of Pakistan (SBP) has directed the exchange companies to submit the requisite information to its Exchange Policy Department on the specific format provided to them with the circular.
In a circular issued here on Wednesday SBP in regard to Reporting Requirement under FE 08 of 2006, asked the Exchange companies that it is necessary to submit reports on a unified format so that uniformity in reporting could be assured.
The SBP asked that this format would be used for Weekly Statement of Export of Foreign Currencies (other than US$) and for reporting consolidated Monthly Statement of Sale of FCY to Interbank Market.-PR

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