SBP Confirms 3.27% Rate for US$ Reserves

Karachi, September 1, 2025, 09:04 PM PKT — The State Bank of Pakistan (SBP) has confirmed a pivotal decision, setting the remuneration rate for September 2025 on the Special Cash Reserve Account (US$) at 3.27%, applicable to deposits under FE-Circular 25 of 1998, as per an official announcement. This rate, calculated on a daily product basis, is notified monthly, reflecting SBP’s strategy to manage reserve accounts effectively.

The fixed rate aims to provide stability for financial institutions holding these reserves, though its impact remains tied to broader economic conditions. Web context on reserve policies shows past fluctuations, while posts found on X reflect neutral reactions—some note consistency, others seek higher returns. Critically, the narrative of “financial stability” may mask limited flexibility—web data hints at economic constraints, and X sentiment suggests distrust in significant growth, pointing to potential limitations.