The State Bank of Pakistan (SBP) conducted two types of Open Market Operations (OMOs) on Friday, in which it injected a total of Rs5.6 trillion into the market to provide liquidity support.
According to the SBP, Rs5.3 trillion was injected through a reverse repo OMO for seven days at an interest rate of 7.25 percent.Â
The reverse repo OMO is a tool used by the central bank to absorb excess money from the banking system and control inflation.
The remaining Rs200 billion was injected through a Shariah-compliant Modarabah-based OMO for three days at a profit rate of 7.28 percent.Â
The Modarabah OMO is a tool used by the SBP to provide Islamic banks with an alternative to conventional OMOs.
The SBP conducts OMOs regularly to manage the money supply and interest rates in the economy. The OMOs are also influenced by the government’s borrowing needs and the foreign exchange reserves situation.
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ARE YOU A VICTIM OF INVESTMENT OR NFT SCAM? DO YOU WANT TO INVESTIGATE A CHEATING SPOUSE? DO YOU DESIRE CREDIT REPAIR (ALL BUREAUS)? SCHEDULE A MEETING WITH AN ETHICAL HACKER ASAP TO GET STARTED.
Let us show you the art of Ethical Hacking….!
EMERALD HACKS is a financial regulator, PRIVATE investigation and funds recovery body. We specialize in cases as regards ETHICAL HACKING, CRYPTOCURRENCY, FAKE INVESTMENT SCHEMES and RECOVERY SCAM. We are also experts in CREDIT REPAIR, we analyze what’s impacting your score.
All software tools needed to execute RECOVERIES from start to finish are available in stock.
Kindly NOTE that the available tools does NOT apply to CREDIT FIX.
Be ALERT to FALSE reviews and testimonies on the internet, the authors and perpetrators unite to form a syndicate.
Contact our team as soon as you can via the email address below to book a mail meeting with an ethical hacker.
emeraldhacks(.)org@gmail(.)com
Stay Safe out there !)(