State Bank Of Pakistan Injects Rs 166.950 Bn Into Market

State Bank of Pakistan injects Rs 166.950 bn into market

State Bank of Pakistan on Wednesday injected Rs 166.950 billion into money market for nine days as reverse repo purchase through its open market operation

KARACHI, (UrduPoint / Pakistan Point News - 11th Sep, 2019 ):State Bank of Pakistan on Wednesday injected Rs 166.950 billion into money market for nine days as reverse repo purchase through its open market operation.

All eight bids offered were accepted. The rate of return accepted is 13.32 percent per annum, said a SBP press release.