KARACHI: In order to manage the liquidity in the market, the State Bank of Pakistan (SBP) has injected Rs689.15 billion into the market through a 10-day open market operation.
An analyst said that the central banks conducted open market operation to manage the liquidity in the market and there was some liquidity crunch, for which the SBP injected money.
The central bank offered Rs694.15 billion and the banks accepted offers of Rs689.15 billion against a rate of return of 9.30 percent.
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