SBP withdraws Rs 25.50b from market

SBP withdraws Rs 25.50b from market
Updated on

Summary The State Bank of Pakistan (SBP) conducted open market operation to withdraw Rs 25.50 billion.

The central bank has withdrawn Rs 25.50 billion additional investment from the market by selling T-bills. The bills were sold at a profit of 12.08 percent per year.Earlier, the bank had sold the T-bills by open market operations worth Rs 98.20 billion under repo operation.
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