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SBP injects Rs 476.150 bn into market

SBP injects Rs 476.150 bn into market: 14 bids were offered and all were accepted.

By APP
November 08, 2019

KARACHI: State Bank of Pakistan (SBP) on Friday injected Rs 476.150 billion into money market for seven days as repo purchase through its open market operation.

14 bids were offered and all were accepted.

The rate of return accepted is 13.29 percent per annum, said a SBP press release.