SBP injects Rs27b to overcome liquidity crunch

Updated on

19 Oct 10, 15:26:28 PKT

Summary

The State Bank of Pakistan (SBP) injected Rs 1.29 trillion in the system in order to overcome liquidity crunch in the money market during. According to report, SBP provided the money for four days The central bank bought government papers worth Rs 29.50 billion. Mark-up on the T-Bills is 2 percent per year.