State Bank Of Pakistan Mops Up Rs 54 Bln From Market

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State Bank of Pakistan mops up Rs 54 bln from market

State Bank of Pakistan (SBP) Monday mopped up Rs 54 billion from the money market for four days as repo sale through its open market operation.

KARACHI, (UrduPoint / Pakistan Point News - 22nd Oct, 2018 ) :State Bank of Pakistan (SBP) Monday mopped up Rs 54 billion from the money market for four days as repo sale through its open market operation.

The rate of return accepted is 8.45 percent per annum, said a SBP statement.