liquidity shortage: SBP injects Rs 1300 billion in money market

liquidity shortage: SBP injects Rs 1300 billion in money market

In the face of a shortage of liquidity in the money market system, the State Bank has provided a significant amount through open market operations.

According to details, State Bank has provided commercial banks with a sum of 1,113.25 billion rupees for 77 days.

Banks will pay an annual interest rate of 22.06% on the amount provided for 77 days.