SBP injects Rs 2.42 trillion in system

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SBP injects Rs 2.42 trillion in system

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State Bank included Rs 2.42 trillion in the system to end shortage of capital in money market.

20 January,2012 11:32 pm

The Central Bank also purchased Treasury Bills and Pakistan Investment Bonds for seven days by open market operation and 11.58% markup would have to pay annually.It is worth mentioning that the State Bank has provided Rs 5.20 trillions in the market as a whole.