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Print 2011-11-02
20 percent Special Cash Reserve Account: remuneration rate for November to be zero: SBP
The rate of remuneration on 20 percent Special Cash Reserve Account (US$) maintained by banks/NBFIs (non-banking financial institutions) with the State Bank of Pakistan (SBP) for the month of November 2011 will be zero percent per annum. This was announced by the SBP in a statement issued here on Tuesday.
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