close
Friday March 29, 2024

SBP mops up Rs84.450bln from market

By Our Correspondent
November 15, 2017

KARACHI: The State Bank of Pakistan (SBP) on Tuesday mopped up Rs84.450 billion from the money market for three days as reverse repo through its open market operation, a statement issued by the central bank said. The rate of return accepted is 5.65 percent/annum, it added.