SBP to buy govt paper in reverse repo

KARACHI: State Bank of Pakistan's said it would buy government paper from commercial banks on Friday in 7-day reverse repo to inject funds into the money market.The State Bank of Pakistan did not...

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AFP
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SBP to buy govt paper in reverse repo
KARACHI: State Bank of Pakistan's (SBP) said it would buy government paper from commercial banks on Friday in 7-day reverse repo to inject funds into the money market.

The State Bank of Pakistan did not say how much money it would inject through the open market operation. (APP)