SBP reduces rate of Special Cash Reserve Account to 3.66% for Nov

News Image

By MG News | November 01, 2024 at 03:13 PM GMT+05:00

0:00

November 01, 2024 (MLN): The State Bank of Pakistan (SBP) has lowered the rate of remuneration for November 2024 on Special Cash Reserve Account (US$) to 3.66%, as per a notice issued by the central bank.

To recall, in the previous month, SBP reduced the rate to 3.85%.

It is important to note that 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

Name Price/Vol %Chg/NChg
KSE100 133,370.15
344.25M
1.08%
1421.08
ALLSHR 83,081.15
914.93M
1.23%
1011.89
KSE30 40,705.30
139.76M
0.79%
317.54
KMI30 192,580.68
159.45M
0.63%
1203.85
KMIALLSHR 55,835.71
548.23M
1.16%
641.74
BKTi 36,317.17
36.80M
1.36%
488.93
OGTi 28,542.96
8.63M
0.34%
96.61
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 109,025.00 110,525.00
107,865.00
-1390.00
-1.26%
BRENT CRUDE 69.15 69.41
67.22
0.85
1.24%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
2.90
3.07%
ROTTERDAM COAL MONTHLY 106.15 106.75
106.15
0.40
0.38%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 67.58 67.91
65.40
0.58
0.87%
SUGAR #11 WORLD 16.12 16.46
16.07
-0.26
-1.59%

Chart of the Day


Latest News
July 07, 2025 at 05:30 PM GMT+05:00

CCP cracks down on anti-competitive practices in FY25


July 07, 2025 at 04:42 PM GMT+05:00

China opens BRICS Customs Centre to boost trade ties


July 07, 2025 at 04:39 PM GMT+05:00

SECP wraps up 1,761 proceedings in FY25


July 07, 2025 at 04:21 PM GMT+05:00

Gold price in Pakistan falls Rs2,500 per tola



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg