SBP injects Rs 193.1 bn into market

Karachi

KARACHI:State Bank of Pakistan on Monday injected Rs 193.1 billion into money market for four days through its open market operation.

Rs 123.1 billion were pumped as reverse repo purchase at 15.20 rate of return accepted per annum. Whereas, Rs 70 billion as face vale of collateral were injected as Shariah Complaint Mudarabah at 15.25 % cut-off rate.