KARACHI: State Bank of Pakistan (SBP) sucked Rs 20 billion from the banking system by undertaking open market operation.The central bank issued Treasury Bills for three days at an interest rate of 8.29 per cent to absorb surplus liquidity.
SBP mops up Rs20 bln through open market operation
KARACHI: State Bank of Pakistan (SBP) sucked Rs 20 billion from the banking system by undertaking open market operation.The central bank issued Treasury Bills for three days at an interest rate of 8.29 per cent to absorb surplus liquidity.
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