Open Market Operation: State Bank Of Pakistan Provides 3825 Billions
Muhammad Rameez Published July 19, 2016 | 03:09 PM
Karachi, (UrduPoint / Pakistan Point News – 19th july, 2016) : The banks are suffering from a severe shortage of money due to which , state bank of Pakistan has issued a huge amount of 3825 billion rupees to all the banks through Open Market Operation.
due to the shortage of money in money market system, the banks had demanded the main bank to provide them with Currency worth Rs 19225 billions considering which the state bank of pakistan provided the banks with sufficient currency through Open market operation.
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