The State Bank of Pakistan (SBP) on Friday injected a whopping Rs642.65 billion into the money market through a 7-day reverse repo to help banks meet their liquidity requirements.
In a statement, the central bank said it injected the amount at 8.76 percent per annum. The banks had offered bids worth Rs642.65 billion for the open market operation.
SBP injects Rs642.65 bln in money market
