Updated on
Summary The SBP has added Rs 46.50 billion to money market through Open Market Operation (OMO).
To end the shortage of liquidity in the money market, the State Bank of Pakistan (SBP) has transferred Rs 23.05 billion to the money market through OMO to overcome the liquidity crunch.The central bank provided the money by purchasing treasury bills and the Pakistan Investment Bonds for seven days on 12.96 percent interest rate.
