KARACHI: The State Bank of Pakistan (SBP) has mopped up liquidity, amounting to Rs61.55 billion in the banking system at the rate of return of 5.84 percent per annum, a bank statement said.
The central bank conducted Open Market Operation (OMO) for one-day tenor for which amount offered was Rs87.45 billion. The SBP received 21 bids and accepted 13 bids for the auction.
SUKKUR: A World Bank Implementation Support Mission on Wednesday visited the Sukkur Barrage Rehabilitation Project to assess on-ground progress and...
ISLAMABAD: The Power Division has introduced a new and simplified electricity bill format across the country to improve consumer convenience,...
ISLAMABAD: Following a sharp decline in global crude oil prices, petroleum product prices in Pakistan are expected to decrease in...
ISLAMABAD: Chinese investors have reaffirmed their long-term commitment to Pakistan’s capital markets following the resolution of key regulatory matters by...
