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Top News

SBP injects Rs419.050bn

Published July 27, 2012 Updated July 27, 2012 02:53pm

sbpKARACHI: State Bank of Pakistan (SBP) in its reverse repo open market operation (7 days) in treasury bills and Pakistan Investment Bonds has injected Rs 419.050 billion in the banking system.

According to SBP here Friday, the offered amount was Rs 448.550 billion while the rate of return improved to 11.68 percent per annum.

Copyright APP (Associated Press of Pakistan), 2012

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