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April 23, 2019

SBP mops up Rs147.5bln from market

Business

 
April 23, 2019

KARACHI: The State Bank of Pakistan (SBP) on Monday mopped up Rs147.5 billion from the money market for four days as repo sale through its open market operation, a statement issued by the central bank said. Eight bids were offered, which were accepted. The rate of return accepted is 10.70 percent/annum, it added.

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