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Pakistan: Increase in foreign exchange exposure limit for banks in 2009

Description

On 10 June 2009, the State Bank of Pakistan increased the foreign exchange exposure limit of authorized banks from 15% of the paid up capital with a cap of Rs. 1500 million (USD 17 million at the tim...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

10 Jun 2009

Revocation date

10 May 2011

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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