SBP sets rate of Special Cash Reserve Account at 4.33% for June

MG News | May 31, 2024 at 06:03 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

May 31, 2024 (MLN): The State Bank of Pakistan (SBP) has decided to set the rate of remuneration for June 2024 on the Special Cash Reserve Account (US$) at 4.33%, 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	178,262.34 385.16M	4.23% 7241.13
ALLSHR	107,837.44 1,028.26M	3.85% 4001.05
KSE30	53,347.67 160.21M	4.70% 2395.68
KMI30	251,510.37 142.71M	4.52% 10876.50
KMIALLSHR	69,173.86 484.44M	3.91% 2601.11
BKTi	51,064.73 51.74M	4.91% 2391.50
OGTi	35,248.42 10.48M	4.59% 1546.17

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	63,095.00	64,810.00 63,035.00	-1870.00 -2.88%
BRENT CRUDE	86.91	88.06 86.90	-1.45 -1.64%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.55 -1.44%
ROTTERDAM COAL MONTHLY	120.00	120.00 120.00	-0.25 -0.21%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	81.01	82.24 81.00	-1.60 -1.94%
SUGAR #11 WORLD	14.56	14.75 14.54	-0.21 -1.42%