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Home Business Banking & Finance

SBP to buy govt paper

ToP by ToP
October 24, 2012
in Banking & Finance
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State Bank of Pakistan

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State Bank of Pakistan

KARACHI: SBP said it would buy government paper from commercial banks on Tuesday in a seven-day reverse repo to inject funds into the money market.

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

Tags: State Bank of pakistan
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