Times of Islamabad

State Bank of Pakistan injected Rs 50 billion into the money market

State Bank of Pakistan injected Rs 50 billion into the money market

KARACHI – State Bank of Pakistan injected Rs 50 billion into themoney market.

State Bank of Pakistan (SBP) on Thursday injected Rs 50 billion into moneymarket for one day as reverse repo purchase through its open marketoperation.

The rate of return accepted is 13.34 percent per annum, said a SBPstatement.