Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

Trending :

SBP sets rate of Special Cash Reserve Account at 4.34% for July

Govt purchases Rs19bn Ijara Sukuk on Bai Mujjal basis
Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

June 28, 2024 (MLN): The State Bank of Pakistan (SBP) has decided to set the rate of remuneration for July 2024 on the Special Cash Reserve Account (US$) at 4.34%, 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

Posted on: 2024-06-28T16:56:38+05:00