SBP to buy govt paper in reverse repo

Published April 5, 2013 Updated April 5, 2013 06:13am

1 min

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By Parvez Jabri

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KARACHI: State Bank of Pakistan said it would buy government paper from commercial banks on Friday in seven-day reverse repo to inject funds into the money market.

The State Bank of Pakistan did not say how much money it would inject through the open market operation.

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State Bank of Pakistan (SBP)