KARACHI:State Bank of Pakistan on Friday Injected Rs 3,718.55 billion into money market through its Open Market Operation.
As reverse repo purchase Rs 1394.6 billion were injected for 7 days and Rs 1825.45 billion for 63 days. The rate of return accepted is 13.78 % and 13.84 % respectively, said SBP statement.
Meanwhile, the Central Bank injected Rs 498.5 billion by conducting Shariah Compliant Mudaraba based Open Market Operation. The rate of rental accepted is 13.82 percent.