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SBP injects Rs 67.7bn into market
KARACHI: State Bank of Pakistan (SBP) on Monday injected Rs 67.7 billion into money market for four days as reverse
KARACHI: State Bank of Pakistan (SBP) on Monday injected Rs 67.7 billion into money market for four days as reverse repo purchase through its open market operation.
Six quotes of Rs 72.7 billion were offered, of which 5 of Rs 67.7 billion were accepted. The rate of return accepted is 12.30 percent per annum, said SBP press release.
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