SBP injects Rs1,050 bn into market

KARACHI: State Bank of Pakistan on Friday injected Rs1,050 billion into money market for seven days as reverse repo through its open market operation.

The rate of return accepted is 6.01 per cent per annum, said SBP release.

Must Read

Trump’s tariff authority challenged in court by conservative legal group

The lawsuit argues that Trump lacked the legal basis to impose the tariffs under the International Emergency Economic Powers Act