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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KSE100	165,596.07 264.75M	-0.54% -902.76
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Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	78,060.00	78,495.00 77,965.00	-1150.00 -1.45%
BRENT CRUDE	110.60	111.35 109.62	1.34 1.23%
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CRUDE OIL - WTI	102.41	103.09 101.57	1.39 1.38%
SUGAR #11 WORLD	14.78	15.07 14.67	-0.21 -1.40%