Central bank pumps Rs11tr into market
[ KARACHI: The State Bank of Pakistan (SBP) on Friday injected over Rs11 trillion into the money market through conventional and Shariah-compliant open market operations (OMOs) to ensure liquidity in the banking system and indirectly meet state fiscal needs. According to SBP, Rs11.03 trillion was accepted under the conventional reverse repo purchase facility. This comprised … Read more