SBP injects Rs71bn into market

KARACHI: The State Bank of Pakistan (SBP) on Friday injected Rs71 billion into money market for seven days as reverse repo through its open market operation.

The rate of return accepted is 8.56 per cent per annum, said an SBP statement.

 

Must Read

PDWP approves Rs31.22 billion for 16 major development projects in Punjab

Approved projects span key sectors including healthcare, infrastructure, and water management, with a focus on improving roads, hospitals, and irrigation systems