SBP injects Rs460 billion in money market | Pakistan Today

SBP injects Rs460 billion in money market

The State Bank of Pakistan on Friday injected Rs460 billion into the money market through a 7-day reverse repo to help banks meet their liquidity requirement ahead of the weekly settlement.

In a statement, the central bank said it injected the amount at 8.86 percent per annum. The banks had offered bids worth Rs507.3 billion for the open market operation.



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