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SBP mops up Rs44.5bn from market

KARACHI: The State Bank of Pakistan (SBP) on Thursday mopped up Rs.44.5 billion from money market for four days as r
Published March 22, 2018 Updated March 22, 2018 05:43pm

KARACHI: The State Bank of Pakistan (SBP) on Thursday mopped up Rs.44.5 billion from money market for four days as repo sale through its open market operation.

The rate of return accepted is 5.97 percent per annum, said a SBP statement.

Copyright APP (Associated Press of Pakistan), 2018