IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 10 Jun 2009 | Removal date: 10 May 2011
Still in force

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 time) to 20% of the paid up capital and Rs. 2000 million (USD 23 million at the time). This change in policy may allow banks in Pakistan to finance more cross-border trade and investment.

 

AFFECTED COUNTRIES

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