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Top News

SBP to buy govt paper

Published October 28, 2011 Updated October 28, 2011 06:20am

sbp1KARACHI: State Bank of Pakistan (SBP) said it will buy back government paper from commercial banks on Friday in seven-day reverse repo contracts to inject liquidity in the money market.

The State Bank of Pakistan did not say how much money it inject.

Copyright Reuters, 2011

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