KARACHI, Oct 21 (APP): State Bank of Pakistan (SBP) on Friday injected Rs 2502.45 billion into the money market through its Open Market Operation.
Rs 1,420.250 billion were pumped as reverse repo purchases. Of these, Rs 595.250 billion for seven days at a 15.19 percent rate of return accepted per annum. Rs 825 billion was injected for 63 days at a 15.18 % rate of return accepted.
Meanwhile, Rs 82.2 billion were injected through Shariah Compliant Mudaraba based OMO. Of these, Rs 67.200 billion were injected for 7 days at the cut-off rate of 15.18 % per annum and Rs 15 billion for 63 days at 15.20%.

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