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| June 27, 2008 | Friday | Jamadi-us-Sani 22, 1429 |
Cash margin exemption
KARACHI, June 26: The State Bank of Pakistan on Thursday exempted another 15 items requiring no cash margin on import letters of credit.
“It has been decided to extend the list of exempted items requiring no cash margin on import letters of credit,” said a SBP circular, adding that these instructions will be enforced with immediate effect.
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