Global Trade Alert
Global Trade Alert

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

Announcement

10 Jun 2009

In June 2009, the government of Pakistan announced a rule change for commercial cross-border financial flows.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

10 Jun 2009

Revocation date:

10 May 2011

Updated: 10 Jun 2009
Controls on commercial transactions and investment instruments
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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