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Mettis Global News
Mettis Global News
Mettis Global News

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SBP Extends OMO Maturity till Aug 31

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August 28, 2020 (MLN): The State Bank of Pakistan (SBP) extended the maturity of the Open Market Operation conducted last week by 4 days till Aug 31, 2020.

According to a small note by the SBP, the decision was taken in view of the prevailing situation.

On Aug 21, 2020, the SBP had conducted a reverse repo through which it had injected Rs.1,226.80 Billion into the market for 7 days at 7.01 percent.

 

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Posted on: 2020-08-28T22:40:00+05:00

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