SBP injects Rs 591.5 bln into market

Karachi

KARACHI:State Bank of Pakistan (SBP0 on Friday injected Rs 591.5 billion into money market through reverse repo purchase and Shariah Compliant Mudaraba based Open Market Operation (OMO).

 

Through reverse repo purchase, OMO Rs 402. 2 billion were injected for 77 days, with 13.84% rate of return accepted and Rs 189.500 billion by Shariah Compliant Mudaraba based OMO at 13.85 % rate of return accepted.

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