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Summary The interest rate on the purchases made is set at 6.5 percent
ISLAMABAD (Dunya News) – The State Bank of Pakistan (SBP) on Friday has added Rs 821 billion in the money market system.
The bank added the amount in light of shortage of capital in the money market system. The funds were transferred by purchasing Treasury bills and PIBs in the seven-day open market operation.
The interest rate on the purchases made is set at 6.5 percent.
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