SBP injects Rs 2, 040.050 bn into market

Karachi

KARACHI: State Bank of Pakistan on Thursday injected Rs 2, 040.050 billion into money market for seven days as reverse repo purchase through its open market operation.

Out of 22 bids of Rs 2, 136.150 billion, 21 amounting Rs 2, 040.050 billion were accepted. The rate of return accepted is 7.10 per cent per annum, said SBP release.

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