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State Bank updates FE and EC manuals

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Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com

State Bank of Pakistan has updated foreign exchange and exchange companies’ manuals to facilitate stakeholders including banks, exchange companies, B-category exchange companies, exporters, importers, travel agents and carriers.

Updation of the manuals is done to provide related rules/regulations at one place to ensure compliance with them.

It may be recalled that since issuance of the two manuals in 2018, several changes/amendments in the foreign exchange rules/regulations have been announced through SBP’s circulars, circular letters and notifications.

All these changes/amendments have now been incorporated in these manuals, which are available at SBP website.

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