SBP injects Rs 467bn into market

Dunya News

SBP injects Rs 467bn into market.

KARACHI (APP) – The State Bank of Pakistan on Thursday injected Rs 467 billion into money market for one night (overnight) as reverse repo purchase through its open market operation.

Eight bids of Rs 467 billion were offered and all were accepted. The rate of return accepted is 13.4 percent per annum, said a SBP press release.