New Pakistan has reduced profit rate on traditional certificates

The federal government has reduced the profit rate on the traditional certificates in various currencies.

According to the State Bank of Pakistan and the Ministry of Finance, the profit rate on the new Pakistan certificates for 12 months in Pakistani currency has been reduced from 850 % to 13 % after falling 850 base points.

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The US dollar has reduced the profit rate on the 12 -month -long new Pakistan certificates to reduce the 200 base points to 7 % to 7 %.

The profit rate on the new Pakistan certificates in British pounds has been reduced from 75 to 7.25 % to 75 %.

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Similarly, the profit rate on the new Pakistan certificates in the euro has been reduced from 175 to 7 % to 5.25 percent.