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SBP mops up Rs 105bn from market
KARACHI: The State Bank of Pakistan (SBP) on Thursday mopped up Rs 105 billion from the market for one day as repo s
KARACHI: The State Bank of Pakistan (SBP) on Thursday mopped up Rs 105 billion from the market for one day as repo sale through its open market operation.
Two bids of Rs 111 billion were offered, of which one of Rs 105 billion was accepted. The rate of return accepted is 12.20 percent per annum, said a SBP statement.
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