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Pakistan

SBP injects Rs870.450bn into market

  • The rate of return accepted is 7.03 percent per annum, said SBP release.
Published December 29, 2020 Updated December 29, 2020 12:12am
By

KARACHI: State Bank of Pakistan on Monday injected Rs. 870.450 billion into money market for seven days as reverse repo purchase through its open market operation.

All 20 bids were accepted. The rate of return accepted is 7.03 percent per annum, said SBP release.

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