The State Bank of Pakistan on Monday injected Rs 690.9 billion into the money market through a 4-day reverse repo to help ease the tight liquidity in the banking system. In a statement, the central bank said it injected the amount at 8.79 percent per annum. Banks had offered bids worth Rs 726.35 billion for the open market operation.
State Bank injects Rs 691b into banking system through OMO
