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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KSE30	51,621.51 112.73M	1.38% 703.15
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Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	75,220.00	75,580.00 74,570.00	45.00 0.06%
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USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	91.48	91.89 90.52	0.19 0.21%
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