SBP to buy govt paper in reverse repo

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GMT - 3 Hours SBP to buy govt paper in reverse repo

Post by yaad on Fri Sep 23, 2011 5:12 pm

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KARACHI: State Bank of Pakistan's (SBP) said it would buy government paper from commercial banks on Friday in 7-day reverse repo to inject funds into the money market.

The State Bank of Pakistan did not say how much money it would inject through the open market operation. (APP)

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