How much interest rate on fixed deposit in Pakistan?

Pakistan Deposit Interest Rate is at 7.47%, compared to 9.13% last year. This is higher than the long term average of 6.19%….Basic Info.

Region	Pakistan
Source	World Bank

Which country has the highest fixed deposit interest rate?

As of January 2022, the country with the highest deposit interest rate worldwide was Venezuela, where the interest rate was as high as 36 percent. Second in the list came another South American country, Argentina, where the interest rate reached 33.9 percent.

What is SBP interest rate?

15.5000% (as on Jun 01, 2022) PIBs (Fixed Rate) Tenor.

What is interbank interest rate in Pakistan?

13.53 percent

Related	Last	Unit
Interest Rate	13.75	percent
Money Supply M0	9770182.82	PKR Million
Interbank Rate	13.53	percent
Money Supply M1	20683196.00	PKR Million

Which bank is best for profit in Pakistan 2021?

HBL retained its position as the most profitable bank of Pakistan in 2021 with a profit of Rs. 35.5 billion — the highest-ever profitability of the bank with a yearly growth of 15 percent.

Which currency has the highest interest rate?

Zimbabwe Keeps World’s Highest Interest Rate; Raises It to 80%

What is current rate of interest?

The current Repo Rate as fixed by the RBI is 4.40%. After the latest hike in the repo rate on 4 May 2022, the bank rate and Marginal Standing Facility (MSF) Rate stand unchanged at 4.65%.

What is Pakistan revaluation rate?

Pakistan revaluation (PKRV) rate is average of the yield-to-maturity on government securities traded in the secondary market and determined at the end of day.

What was the interest rate in 2016?

In 2015, mortgage rates fell back to 3.85% as the market calmed down. Although they were a little higher to end the year, rates in 2016 averaged 3.65%.

What was interest rate in 2004?

5.83%
Mortgage rate trends over time

Year	Average 30-Year Rate
2002	6.54%
2003	5.83%
2004	5.84%
2005	5.87%

What is the profit rate of HBL saving account?

On Daily Actual Deposits Rs. 1/- and above 8.26% The Profit will be credited to respective accounts on the last working day of each month. On Daily Actual Deposits Rs. 1/- and above 8.26% The Profit will be credited to respective accounts on the last working day of each month.

What is the profit rate in NBP?

Earn up to 11.00% p.a. Profit paid every month.

Why do Chinese save so much?

Others point to a precautionary savings motive: Because Chinese people are worried about costs of health care, education and old-age pensions and are unsure about how much these costs might change over time, they respond by saving more. Other explanations point to habit formation or financial development.

Can I deposit 2 crore bank?

Deposit of 2 crore & above is designed especially for HNIs, Corporates, SSO, and Government Institutions, to park their surplus funds and enjoy attractive returns on their high-value deposits. This special category has a minimum deposit value of INR 2 crore.

What is PKRV PIB rate?

13.300. 13.510. 27/05/2022. 13.710. 13.900.

How much is the foreign exchange reserves of Pakistan?

Pakistan Foreign Exchange Reserves Foreign Exchange Reserves in Pakistan increased to 15644 USD Million in August from 15143.80 USD Million in July of 2019.

What will be the deposit interest rate in Pakistan in 2024?

In the long-term, the Deposit Interest Rate in Pakistan is projected to trend around 7.71 percent in 2023 and 6.96 percent in 2024, according to our econometric models.

What is the deposit interest rate?

The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.

What is a foreign currency account?

Foreign currency account is the transactional type of account which is denominated in a foreign currency other than the home currency. In Pakistan, the account supports three major foreign currencies such as USD, GBP and EUR.