Karachi March 3 2023: State Bank of Pakistan injected liquidity of PKR 2.25 trillion in debt market through Open Market Operations (OMO) Reverse Repo Purchase.
SBP Inject amount of PKR 1.74 trillion for 77 days at rate of 20.09 percent and PKR 506 billion for 7 days at 20.10 percent to provide certainty to domestic market.
Yesterday, the state bank of Pakistan increased the policy rate by 300 basis points to a high of 25 years while also preponed the next MPC by two weeks to April 04 2023 which create uncertainty in the market regarding future outlook of the interest rates.
