Pakistan
SBP injects Rs244.3bn into market
- Total 11 bids of Rs. 264.3 billion were offered, of which 10 of. Rs. 244.3 billion were accepted.
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KARACHI: State Bank of Pakistan on Thursday Injected Rs. 244.3 billion into money market for 11 days as reverse repo purchase through its open market operation.
Total 11 bids of Rs. 264.3 billion were offered, of which 10 of. Rs. 244.3 billion were accepted.
The rate of return accepted is 7.02 percent per annum.