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.
Related Topics
Recent Stories
Byte Dance, TikTok seek suspension of US law mandating sale of App by Jan 19
FBR halts ban on bringing more than one mobile phones in baggage
One love is enough if it is the right person: Rekha
Pakistan, South Africa to take on each other in first T20I match today
PSX 100 Index surpasses historic 111,000-point mark
Today last day for submitting Hajj applications under Govt scheme
PTI leader Umar Ayub gets bail in D-Chowk protest case
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 10 December 2024
Today Gold Rate in Pakistan 10 December 2024
How many mobile phones allowed in baggage at Pakistani airports?
Amitabh Bachchan responds to divorce rumors surrounding Abhishek, Aishwarya Rai
Fazl refuses to accept any proposal from govt on Madrassa Bill
More Stories From Business
-
Parliamentary Secretary visits USC head office to discuss operations, future plans
18 minutes ago -
Naqash condemns Indian suppression of Kashmiris
58 minutes ago -
PSX turns bearish, loses 1,073 points
58 minutes ago -
Gold prices surge
1 hour ago -
Gold prices increase by Rs1000 per tola
3 hours ago -
National Food Security Ministry to organize two-day olive gala on Dec 13
3 hours ago
-
Pakistan-Tajikistan Joint Commission meeting on Wednesday
3 hours ago -
Chinese shares close higher Tuesday
5 hours ago -
Mongolia's inflation rate reaches 8.1 pct in November
5 hours ago -
Industrial production in Türkiye drops 3.1% in October
5 hours ago -
Turkish stock exchange flat at open
5 hours ago -
PSX 100 Index surpasses historic 111,000-point mark
6 hours ago