KARACHI:The State Bank of Pakistan on Tuesday Injected Rs 303 billion into money market for three days through its Open Market Operation.
Rupees 271 billion were placed through reverse repo purchase at 16.2 percent rate of return accepted per annum. Rs 32 billion as face value collateral was pumped through Shariah Compliant Mudaraba based OMO at 16.2 percent cut-off rate.