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Home Business Banking & Finance

SBP to buy govt paper in reverse repo

ToP by ToP
May 18, 2011
in Banking & Finance
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KARACHI: State Bank of Pakistan (SBP) said it would buy government paper from commercial banks on Tuesday in three-day reverse repo to inject funds into the money market.Central bank did not say how much money it would inject through the open market operation. – Brecorder

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