Times of Islamabad

State Bank of Pakistan injected Rs 124 billion into money market

State Bank of Pakistan injected Rs 124 billion into money market

KARACHI: The State Bank of Pakistan on Thursday injected Rs. 124.95 billioninto money market for one day as reverse repo purchase through its openmarket operation.

All eight bids offered were accepted.

The rate of return accepted is 13.38 percent, said a SBP press release.