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SBP to buy govt paper in reverse repo

Virtual Position Forum :: Policy Matters :: Business Affairs

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

Post by Zeba Khan Hoti 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)
Zeba Khan Hoti
Zeba Khan Hoti
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