liquidity shortage: SBP injects Rs 1300 billion in money market
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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.