SBP issues updated forex manual

The last such version of the manual was issued in May 2016


Our Correspondent May 20, 2017
PHOTO: EXPRESS

KARACHI: The State Bank of Pakistan (SBP) on Friday issued an updated version of Foreign Exchange Manual, 2017.

In order to facilitate the stakeholders, including authorised dealers (banks), exporters, importers, travel agents, carriers, etc, the SBP issues an updated Foreign Exchange Manual from time to time, according to a press release.

The last such version of the manual was issued in May 2016. Since issuance of the updated Foreign Exchange Manual in 2016, several changes/amendments in the foreign exchange regulations have been made.

Although the circulars, circular letters, notifications, etc through which these changes/amendments were made have been posted at the bank's website, the same have been incorporated in the Foreign Exchange Manual so that the stakeholders can find the regulations/instructions in consolidated form in a single document.

Published in The Express Tribune, May 20th, 2017.

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