State Bank enhances CRR 6% to ease pressure on PKR

KARACHI: State Bank of Pakistan (SBP) on Saturday enhanced the cash reserves requirement (CRR) for banks to 6 per cent in order to ease pressure on Pak Rupee (PKR). The SBP decided to increase the average (CRR), to be maintained during a period of two weeks by scheduled banks, from 5 percent to 6 percent … Continue reading State Bank enhances CRR 6% to ease pressure on PKR