SBP injects Rs 862.350 bn into market

Karachi

KARACHI:State Bank of Pakistan on Friday injected Rs 862.350 billion into money market for 63 days through its Open Market Operation.

Rs 848.350 billion were injected as reverse repo purchase on 15.12 percent rate of return accepted. Whereas, Rs 14 billion (face value of collateral) were injected as

Shariah compliant mudaraba based OMO with 15.11 % cut-off rate.

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