SBP Revises SLR Level for Exchange Companies to Attract FX a

SBP Revises SLR Level for Exchange Companies to Attract FX and Remittances


SBP Revises SLR Level for Exchange Companies to Attract FX and Remittances
The State Bank of Pakistan (SBP) has revised the Statutory Liquidity Reserve (SLR) requirement of the Exchange Companies from 25 percent to 15 percent of their capital.
The enhanced liquidity with the Exchange Companies will enable them to channel the home remittances and foreign exchange further.
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This regulatory intervention of the SBP will provide increased liquidity to the Exchange Companies to enable them to play their role in increasing the remittances flow, and the public will be facilitated in the timely and conveniently receiving of home remittances from more than 1,200 outlets of the Exchange Companies across Pakistan.

Related Keywords

Pakistan , , Exchange Companies , State Bank , Statutory Liquidity Reserve , பாக்கிஸ்தான் , பரிமாற்றம் நிறுவனங்கள் , நிலை வங்கி , சட்டரீதியான நீர்மை நிறை இருப்பு ,

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