KARACHI: The State Bank of Pakistan (SBP) has injected Rs166.65 billion in market through Open Market Operation for a day.
According to a report issued by the central bank’s Domestic Markets and Monetary Management Department on Thursday, 9 quotes were offered for reverse repo purchase at the rate ranging from 7.12 to 7.07 percent.
The SBP has accepted all the 9 quotes amounting to 166.65 billion at the cut off rate of 7.07 %.
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