State Bank of Pakistan Sets Remuneration Rate for Special Cash Reserve Account at 2.66 Percent
The State Bank of Pakistan notifies a 2.66 percent remuneration rate for April 2026 on Special Cash Reserve Accounts for FE-25 foreign currency deposits.
Modest Growth in SBP Reserves: A Critical Juncture for Pakistan’s Digital Economy
The State Bank of Pakistan’s (SBP) foreign exchange reserves saw a marginal increase of $46 million, reaching $11.721 billion for the week ending June 13. This modest rise leaves a significant gap against the central bank’s $14 billion target for June 30, raising questions about immediate economic stability and potential implications for the burgeoning digital finance sector.