KARACHI:State Bank of Pakistan on Friday injected Rs 2,071.25 billion into money market through reverse repo purchase and Shariah compliant mudarabah based open market operation.
As per SBP statement, through reverse repo purchase operation the injected amount was Rs 1,475.55 billion : Rs 692.2 billion were for seven days at 13.79% rate of return accepted per annum and Rs 783.350 billion for 63 days at 13.83% rate of return accepted per annum.
The amount injected through Shariah compliant mudaraba based operation the injected amount was Rs 595.7 billion: Rs 300.7 billion were injected for 7 days at 13.81% rate of return accepted per annum and Rs 295 billion were for 63 days at 13.87% rate of return accepted per annum.