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SBP to buy govt paper in reverse repo
KARACHI : State Bank of Pakistan (SBP) said it would buy government paper from commercial banks on Friday in a seven-day
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KARACHI: State Bank of Pakistan (SBP) said it would buy government paper from commercial banks on Friday in a seven-day reverse repo to inject funds into the money market.
SBP did not say how much money it would inject through the open market operation.
Copyright Reuters, 2011
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