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SBP injects Rs465bn into market
KARACHI: The State Bank of Pakistan (SBP) on Friday injected Rs465 billion into money market for seven days as rever
KARACHI: The State Bank of Pakistan (SBP) on Friday injected Rs465 billion into money market for seven days as reverse repo purchase through its open market operation.
Eighteen bids of Rs571.5 billion were offered, of which 11 of Rs465 billion were accepted. The rate of return accepted is 13.34 percent per annum, said an SBP press release.
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