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SBP injects Rs150bn into market

KARACHI: The State Bank of Pakistan (SBP) on Thursday injected Rs 150 billion into money market for one day as rever
Published April 12, 2018 Updated April 12, 2018 09:34pm

KARACHI: The State Bank of Pakistan (SBP) on Thursday injected Rs 150 billion into money market for one day as reverse repo purchase (injection) through its open market operation.

The rate of return accepted is 6.03 percent per annum, said a SBP statement.

Copyright APP (Associated Press of Pakistan), 2018