SBP reduces rate of Special Cash Reserve Account to 4.2% for Sep

MG News | September 05, 2024 at 10:17 AM GMT+05:00

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September 05, 2024 (MLN): The State Bank of Pakistan (SBP) has set the rate of remuneration for September 2024 on Special Cash Reserve Account (US$) at 4.20%, as per a notice issued by the central bank.

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.

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USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	98.17	99.32 92.04	2.44 2.55%
SUGAR #11 WORLD	14.41	14.53 14.30	0.03 0.21%