| GEO Business|
| SBP injects Rs107 bln into banking system for 7 days|
| Updated at: 1330 PST, Saturday, October 17, 2009|
KARACHI: The State Bank of Pakistan (SBP) today injected over Rs107 billion into the banking system to ease off the liquidity crunch in the market at a rate of 12.25 percent.
The amount was injected through open market operation and the amount was raised for seven days.
The banking system is facing liquidity shortage after massive outflow in Ramazan.
According to the money market dealers, SBP may again carry out open market operation in future.