SBP inject Rs 2.64t in money market

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SBP inject Rs 2.64t in money market

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The SBP added Rs 2.64 trillion into the system to end the liquidity crunch from the currency market.

07 October,2011 10:37 pm

The State Bank of Pakistan enhanced liquidity through buying T-bills, investment bonds and provision of capital under open market operation at 13.15 percent.Money market is facing the dearth of capital from the first day of the new fiscal year and the central bank is providing capital on permanent basis.The bank has added Rs 13.28 trillion in the system during the last five weeks.