State Bank provides 48 billion and 80 million in Money market

State Bank provides 48 billion and 80 million in Money market
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Summary Due to the shortage of capital in the money market, State bank has provided 48 billion and 80 million rupees.

The state bank has provided the funds by buying tea bills and Pakistani investment bonds. The interest rate set on these purchase is set at 12.88%. For the operations of the open market, dealers have presented an offer of 59billion and 55millions rupees.
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