SBP maintains rate of Special Cash Reserve Account at 4.32% for March

MG News | February 29, 2024 at 05:28 PM GMT+05:00

0:00

February 29, 2024 (MLN): The State Bank of Pakistan (SBP) has decided to maintain the rate of remuneration for March 2024 on the Special Cash Reserve Account (US$) at 4.32%, the circular issued to all authorized dealers in foreign exchange revealed.

To note, this rate is for deposits raised under FE-Circular 25 of 1998.

The special cash reserve account is remunerated by State Bank on daily product basis on rates notified at the end of each month.

Copyright Mettis Link News

Related News

Key Pakistan Market Stats and Economic Indicators

SBP’s FX Purchases Jump to USD 1.02bn in September

Name	Price/Vol	%Chg/NChg
KSE100	154,292.26 213.82M	2.85% 4276.09
ALLSHR	92,658.58 393.53M	2.77% 2494.23
KSE30	46,904.87 134.91M	3.12% 1418.41
KMI30	221,684.42 82.94M	3.18% 6829.77
KMIALLSHR	60,187.46 166.61M	3.32% 1934.26
BKTi	42,971.02 70.64M	2.76% 1155.99
OGTi	32,492.05 13.03M	5.29% 1631.20

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	74,155.00	74,895.00 73,630.00	-530.00 -0.71%
BRENT CRUDE	103.70	103.85 100.34	0.28 0.27%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-11.95 -10.73%
ROTTERDAM COAL MONTHLY	120.85	120.85 120.85	-0.80 -0.66%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	94.33	95.65 91.45	-1.20 -1.26%
SUGAR #11 WORLD	14.44	14.57 14.35	-0.01 -0.07%