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Home Karachi

SBP injects Rs 467b into market

byCT Report
30/08/2019
in Karachi, Latest News
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KARACHI: The State Bank of Pakistan injected Rs 467 billion into money market for one night (overnight) as reverse repo purchase through its open market operation.

Eight bids of Rs 467 billion were offered and all were accepted. The rate of return accepted is 13.4 percent per annum, said a SBP press release.

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