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SBP injects Rs825bn into market

KARACHI: The State Bank of Pakistan (SBP) on Friday injected Rs 825 billion into money market for seven days as reve
Published April 20, 2018 Updated April 20, 2018 09:26pm

KARACHI: The State Bank of Pakistan (SBP) on Friday injected Rs 825 billion into money market for seven days as reverse repo purchase through its open market operation.

The rate of return accepted is 6.02 percent per annum, said a SBP statement.

Copyright APP (Associated Press of Pakistan), 2018