In order to facilitate the stakeholders including authorised dealers (banks), exporters, importers, travel agents, carriers, etc., the State Bank of Pakistan (SBP) keeps on issuing updated versions of Foreign Exchange Manual from time to time. Last such version of the Manual was issued in May 2016.
Since the issuance of the updated Foreign Exchange Manual in 2016, several changes/amendments in the foreign exchange regulations have been made. Although the FE circulars, circular letters, notifications, etc. through which these changes/amendments were made have been posted at the State Bank’s website, the same have been incorporated in the Foreign Exchange Manual so that the stakeholders can find the regulations/instructions in a consolidated form in one single document.
Accordingly, the Foreign Exchange Manual-2017 stands updated up to April 30, 2017, and has been placed on the State Bank’s website for reference of the stakeholders. The State Bank expects that the use of updated Manual by the stakeholders would enable them to comply with the existing rules and regulations governing foreign exchange business.
