Global Trade Alert
Global Trade Alert

Pakistan: Increase in foreign exchange exposure limit for banks in 2011

Announcement

12 May 2011

In May 2011, the government of Pakistan announced a rule change for commercial cross-border financial flows.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

12 May 2011

Revocation date:

10 Apr 2013

Updated: 12 May 2011
Controls on commercial transactions and investment instruments
On 12 May 2011, the State Bank of Pakistan increased the foreign exchange exposure limit of authorized banks from Rs. 2000 million (USD 17 million at the time) to Rs. 2500 million (USD 23 million at t...
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