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SBP to buy govt paper in reverse repo

SBP to buy govt paper in reverse repo.

SBP to buy govt paper in reverse repo

KARACHI: Pakistan’s central bank said it would buy government paper from commercial banks on Friday in a seven-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.

Settlement will be later in the day. -- Reuters 

updated 9 months, 16 days ago

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