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SBP sets SOFR-based remuneration rate for Special Cash Reserve Account

12:30
August 10, 2023

August 10, 2023 (MLN): The rate of remuneration on the Special Cash Reserve Account (US$) will be calculated based as CME 1-month Term Secured Overnight Financing Rate (SOFR) published on the last working day of the previous month, minus 1% service charges, as per the latest circular issued by the State Bank of Pakistan (SBP) yesterday.

This decision follows the discontinuation of the US Dollar LIBOR.

In a separate announcement, the SBP informed all authorized dealers in foreign exchange that the rate of remuneration for the month of August 2023 on the Special Cash Reserve Account (US$) maintained with the SBP will be set at 4.32%.

This information is in reference to the notification provided in the circular dated March 31, 2001.

Copyright Mettis Link News

Posted on: 2023-08-10T12:13:26+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.60000	278.80000	278.80000	278.60000	01:02 PM
2	EUR	1.06950	1.06980	1.06980	1.06950	05:01 AM
3	GBP	1.24840	1.24860	1.24860	1.24840	05:01 AM
4	CHF	0.90382	0.90429	0.90429	0.90382	05:19 AM
5	JPY	158.09000	158.10000	158.10000	158.09000	05:01 AM
6	CAD	1.36780	1.36830	1.36830	1.36780	05:01 AM
7	AUD	0.65320	0.65360	0.65360	0.65320	05:01 AM
8	INR	83.40270	83.40320	83.40320	83.40270	08:00 PM
9	SAR	3.75050	3.75070	3.75070	3.75050	05:00 PM
10	AED	3.67240	3.67340	3.67340	3.67240	01:59 AM
11	HKD	7.82830	7.82840	7.82840	7.82830	05:01 AM
12	CNH	7.26210	7.26410	7.26410	7.26210	04:57 AM
13	CNY	7.24640	7.24650	7.24650	7.24640	09:11 PM
14	THB	36.99000	37.04000	37.04000	36.99000	04:57 AM
15	MYR	4.76500	4.77000	4.77000	4.76500	08:00 PM
16	IDR	16,232.20000	16,250.40000	16,250.40000	16,232.20000	05:17 AM
17	SGD	1.36210	1.36310	1.36310	1.36210	05:01 AM
18	NZD	0.59370	0.59420	0.59420	0.59370	04:57 AM
19	MXN	17.14510	17.17510	17.17510	17.14510	05:01 AM
20	TRY	32.50600	32.51000	32.51000	32.50600	04:57 AM
21	SEK	10.76040	11.01820	11.01815	10.76041	05:01 AM
22	ZAR	18.60010	18.96010	18.96015	18.60009	05:01 AM
23	NOK	11.03580	11.04180	11.04180	11.03580	05:01 AM
24	DKK	6.97030	6.97130	6.97130	6.97030	03:40 AM
25	ARS	875.82900	875.97800	875.97823	875.82872	05:19 AM
26	BDT	108.34000	111.70400	111.70397	108.33995	04:57 AM
27	BHD	0.37698	0.37713	0.37713	0.37698	06:54 PM
28	BRL	5.11430	5.11830	5.11830	5.11430	05:17 AM
29	KRW	1,376.43000	1,379.75000	1,379.75000	1,376.43000	05:17 AM
30	KWD	0.30808	0.30818	0.30818	0.30808	01:03 AM
31	LKR	293.46400	300.00500	300.00467	293.46353	04:57 AM
32	OMR	0.38476	0.38526	0.38526	0.38476	01:58 AM
33	QAR	3.64600	3.64800	3.64800	3.64600	01:59 AM
34	RUB	92.27000	92.29000	92.29000	92.27000	08:00 PM
35	AFN	71.37320	73.24210	73.24207	71.37317	04:57 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:54 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	08:00 PM
38	MVR	15.26000	15.66000	15.66000	15.26000	08:00 PM
39	UZS	12,638.40000	12,703.80000	12,703.82657	12,638.41518	04:57 AM
40	PHP	57.51700	57.76000	57.76000	57.51700	08:00 PM
42	NGN	1,305.72000	1,306.72000	1,306.72000	1,305.72000	08:00 PM
43	KES	131.42100	134.22400	134.22417	131.42083	04:57 AM
44	AMD	361.53800	417.60500	417.60501	361.53810	04:57 AM
45	TWD	32.58800	32.61800	32.61800	32.58800	05:17 AM
46	XAU	2,337.48000	2,338.39000	2,338.39000	2,337.48000	05:19 AM
47	XAG	27.15820	27.20580	27.20580	27.15820	05:19 AM
48	XPT	915.55000	917.95000	917.95000	915.55000	01:59 AM
49	XPD	954.21200	962.02800	962.02800	954.21200	02:00 AM
2,120	VES	36.33200	36.42320	36.42315	36.33204	08:00 PM
2,212	UGX	3,781.71000	3,865.81000	3,865.81320	3,781.71284	04:57 AM
2,213	TZS	2,549.64000	2,643.09000	2,643.08742	2,549.64257	04:57 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	72,862.41	72,742.748	71,764.18	771.347	1.072	302,352,233.0	14,307,377,262.460	26/04/2024 05:12 PM
ALLSHR	47,721.89	47,489.465	47,040.09	314.510	0.667	540,778,150.0	22,562,380,076.020	26/04/2024 05:12 PM
KSE30	24,069.72	24,033.869	23,676.59	284.824	1.199	79,764,833.0	9,454,683,795.040	26/04/2024 05:12 PM
KMI30	122,624.63	122,414.850	120,539.93	1,511.894	1.251	130,473,781.0	8,715,975,575.960	26/04/2024 05:12 PM
KMIALLSHR	34,120.82	34,003.274	33,623.23	303.834	0.902	336,036,323.0	17,261,793,362.150	26/04/2024 05:12 PM
BKTi	18,098.00	18,061.700	17,783.46	189.341	1.059	12,829,416.0	1,502,941,695.300	26/04/2024 05:12 PM
OGTi	17,165.47	17,018.023	16,915.39	-13.038	-0.077	13,158,963.0	1,843,356,910.500	26/04/2024 05:12 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	64,530.0	65,395.0	63,775.0	-740.00
BRENT CRUDE	EB	89.3	89.8	88.8	0.32
RICHARDS BAY COAL MONTHLY	EF	106.5	0.0	0.0	-0.25
ROTTERDAM COAL MONTHLY	ET	106.3	111.3	106.0	-5.60
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	83.7	84.5	83.4	0.09
SUGAR #11 WORLD	SB	19.1	19.6	19.0	-0.04

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