Karachi March 11 2024: State Bank of Pakistan inject liquidity of PKR 7,508 billion in market through Reverse Repo Purchase on Friday March 08, 2024.
SBP accepted all received offers of PKR 7,262 billon for 7 days and PKR 246 billion for 28 days at a rate of 22.05 and 22.04, respectively.
This injection will be channelized to fund the deficit in the banking systems. Since June 2023, scheduled banks have invested an amount of PKR 3,800 million in government papers.
